6 Bedroom House For Sale in Margate

Property description

Investors! Holiday Home! or to Retiredown on the beach - this spacious property has 2 x 2 bedroom apartments in the main building and 2 x 1 bedroom apartments in the front building.  All have sea views.  Live in one apartment and do Airbnb with the others.  There are long term Tenants in all of the properties on a month to month lease agreement who would love to stay on if possible.
Main Building- 2 x 2 bedroom apartments:-
Each modern apartment has 2 bedrooms, 2 bathrooms (main ensuite), a large, enclosed veranda downstairs and an open veranda upstairs.  The lounge/dining area - flows through to the open plan kitchen.  The kitchen has plenty of BIC's , eyelevel oven and hob.  There is a laundry area in both units.  At the back (driveway entrance) - both apartments have a massive second lounge area, which could be converted into a studio apartment or, if you are doing B&B - used as the dining area. Parking for at least 4 cars is available. Pre-paid meters
On the seaside of the apartments is a fabulous entertainment area with a stunning sparkling pool and an inbuilt braai area.  The sea views are incredible.
Second Building- 2 x 1 bedroom apartments:-
Each modern apartment has one bedroom with BIC's, a large bath, with free standing shower and loo and a lounge/dining area which flows though to the open plan kitchen.  The upstairs apartment has a balcony and an aircon. There is parking for 3 to 4 cars.  Pre-paid meters.
There are automated gates on both sides of the property - one opens to the Main building from Ray road and the other opens to the smaller building on the seaside road/servitude.  Both ground floor units can easily be made wheelchair friendly.  Pets are most welcome on this fully fenced, secure property.
Rates are R32,000.00 per annum - if you pay in full and on time.
To actually get the magnitude and magnificence of this property and its true potential, one needs to view.  Please contact me via email, whatsapp or call to make an appointment.  Reasonable offers will be looked at.