Albersville , Anerley , Beacon Rocks , Grosvenor , Lawrence Rocks , Louisiana , Manaba Beach , Marburg , Margate , Melville KZN , Merlewood , Murchison , Oslo Beach , Port Shepstone , Ramsgate , Sea Park , Shelly Beach , Southport , St Micheals on Sea , Sunwich Port , Umtentweni , Uvongo
Investment Property in Margate with Two Flats and Renovation Potential
Set on a 1,298 m² erf in Margate, this property offers a large three-bedroom main house and two separate flats. With scope for upgrading and some TLC, it presents an opportunity for buyers seeking rental income or space for extended family.
The accommodation totals seven bedrooms, four bathrooms, four lounges, a separate dining area and three kitchens across the main house and flats. Each flat has its own entrance, offering privacy and flexibility for separate households.
The main house features spacious rooms, parquet flooring and sea views. The interiors need updating, giving buyers room to improve the property and add value over time.
Outside, the garden includes a mature shade tree and a covered patio. A garage and additional parking serve the accommodation.
Key Features
• Large three-bedroom main house
• Two flats with separate entrances
• Seven bedrooms and four bathrooms in total
• Four lounges, three kitchens and a dining area
• 1,298 m² erf
• Sea views, garden and covered patio
• Garage and additional parking
• Rental income potential
• Scope for renovation and upgrading
Contact us to arrange a viewing and assess the investment potential.