Farm For Sale in Margate
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Property description
EXCLUSIVE LISTING UPDATED 7 October 2024 Price reduced !
33 SLEEPER Holiday Lodge for Sale in Margate, South Coast KZN
This prime Holiday Lodge, located at the top of Margate South Coast, KZN, offers a lucrative investment opportunity. With seven fully furnished and equipped units, each featuring uncapped Wi-Fi and Open View TV, this property promises comfort and convenience for guests.
Units Overview of up to 33 heads in beds
Unit 1: Largest unit, 10 sleeper, adjacent to the swimming pool and entertainment area.
Unit 2: 4/6 sleeper with sea views and private braai facilities.
Unit 3: 5/6 sleeper with sea views and braai facilities.
Unit 4: 2/4 sleeper with sea views, currently occupied by the owner.
Unit 5: 2/3 sleeper with sea views and braai facilities.
Unit 6: 2/3 sleeper with sea views and braai facilities.
Unit 7: Cozy studio, 2 sleeper with braai facilities.
This Holiday Lodge has a successful operational history of over 20 years and generates significant income. Previously listed at over R7 mil, the price has now been reduced for a quick sale. Don’t miss out on this exceptional investment opportunity—secure it today!
Located on the Hibiscus Coast, part of the South Coast of KwaZulu-Natal, Margate is one of the major hubs for tourists who are looking to visit the eastern coastline of South Africa.
- Pool
- Study
- Store Room
- Patio
- Freehold
- Security Features
- Sea View
- Flooring: Tiles
- Walling: Fully Walled
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
