Property details

24

8

8

?

Beds

Baths

Garage

Parking

Rooms

Swimming Pool

Garden

Furnished

Restaurant

Pet Friendly

Alarm

Guest Rooms

Wheelchair

Wireless

Aircon

Spa

Elevator

Conference Facilities

Erf size:
2,016 m²
Building size:
205 m²
Rates and Taxes:
R11,300 per month
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Features

  • Tiled roof
  • Face brick walls
  • Aluminium windows
  • Commercial facilities including guest lodge
  • Palisade fence boundary
  • Exterior features including backup generator, braai, covered patio, staff accommodation, undercover braai area and washing line
+  see more

Additional buildings

  • 1 x Staff Accommodation (1 Bedroom , 1 Bathroom)

Modern Holiday Resort in the Heart of Margate

A fantastic investment opportunity awaits. Own this entire seaside holiday complex, consisting of 8 units with a total of 24 bedrooms and able to accommodate 64 guests. The property is located on the border between Margate and Ramsgate, less than 20m from the shoreline. The financial statements of the body corporate are extremely healthy, and the resort offers amazing holiday or permanent rental income potential. All units have recently been revamped with stylish modern interior, high quality furniture and state of the art appliances. All furniture and appliances are included in the sale. *** Villas 1 to 4*** - Double storey duplex - 3 Bedrooms - 2.5 bathrooms (main en-suite) - Open plan lounge, dining room and kitchen - Undercover patio with braai - Single garage with automatic door and 'n single reserved parking bay *** Villas 5 to 8*** - Triple storey duplex - 3 Bedrooms - 2.5 bathrooms (main en-suite) - Open plan lounge, dining room and kitchen - Undercover patio with braai - Separate laundry - Single garage with automatic door and a single undercover parking bay The complex has a generator, communal swimming pool, games room and staff accommodation. I look forward to receiving your enquiries on this fantastic investment opportunity.

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44 Panorama Parade, Margate

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