Seize the Coast Lifestyle and earn an Income with this PRIME INVESTMENT in Margate, South Coast.
Discover an exceptional investment opportunity with this well-established property in the heart of Margate, just 600m from the iconic Margate Beach. Whether you're looking to expand your portfolio or start a new venture, this property offers versatility, charm, and endless potential.
Property Features:
- 10 Self-Catering Units: Each unit is designed for comfort and convenience, featuring a kitchenette, bathroom, outdoor seating area, and private braai facilities. Perfect for families, couples, or solo travelers seeking a serene coastal retreat.
- 10 Backpacker Rooms: Ideal for adventure seekers, students, and quick getaways, these rooms share spacious bathrooms and a large communal kitchen.
Guests can unwind in the outdoor seating area and enjoy the braai facilities.
- Versatile Accommodation: Cater to a wide range of guests—from backpackers and students to families and couples. The combination of self-catering units and backpacker rooms makes this property uniquely adaptable.
- Prime Location: Immerse yourself in Margate’s vibrant atmosphere, with beaches, restaurants, and entertainment just a short stroll away. The coastal charm and lively surroundings make this a sought-after destination.
- Bonus Separate House: A private, two-bedroom home with its own entrance, featuring 2 bathrooms, a lounge, and a kitchen. Perfect for an on-site manager, additional rental income, or as your own coastal getaway.
- Ample Parking & Reception Onsite: The property includes a large parking area accommodating over 30 vehicles, ensuring convenience for all guests.
Investment Highlights:
- Dual Entrances: With two separate entrances, this property offers flexibility for both guests and management.
- Proven Success: This well-known establishment has been a staple in Margate for decades, consistently attracting visitors and generating income.
- Fully Furnished & Equipped: The property is ready for immediate operation, providing a seamless transition for the new owner.
Make an offer today!
Selling Price: R5,895,000 (fully furnished and equipped)
Rates: R2200
Don’t miss out! This is a rare opportunity to own a versatile and income-generating property in one of Margate’s most desirable locations. Contact us today to schedule a private viewing and explore the potential of this unique investment.
Read more...
Show Contact Number
