Property description
**Investment Opportunity Awaits!**
Unlock the potential of this exceptional property featuring 11 units, designed to generate a steady stream of income that can practically pay off the bond itself. Situated in a prime location with breathtaking sea views, these spacious units are perfect for both permanent residents and holiday rentals.
**Prime Location Highlights:**
- **Stunning Sea Views:** Enjoy panoramic ocean vistas from every unit.
- **Convenient Proximity:** Just a short stroll to Margate's main swimming beach and essential amenities, making it highly attractive to holidaymakers and potential long-term residents.
- **Versatile Units:** These spacious units cater to a variety of rental needs, ensuring high occupancy rates.
**Key Investment Benefits:**
- **Steady Income Stream:** With 11 units already occupied by tenants, this property offers immediate rental income.
- **Meticulously Maintained:** The property is in excellent condition, ensuring a seamless transition for new ownership.
- **High Demand Location:** Margate is a popular destination, enhancing the property's appeal and potential for rental income.
**Opportunity Not to Be Missed:**
The seller is streamlining their portfolio, making this a rare chance to acquire a lucrative investment property. Act quickly to capitalize on this income-generating gem. Arrange a viewing today and secure your future prosperity.
**Call now and make this solid investment yours!**
- Flatlet
- Freehold
- Security Features
- Sea View
- Flooring: Tiles
- Walling: Fully Walled
Location rating
Nearby Transport
Nearby Education
Nearby Other
Request property details from Executive Real Estate - Head Office
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Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
