Double-storey house for sale in Margate

This exceptional 14-bedroom property offers outstanding versatility, expansive space, and enormous potential. Set on a generous 2000 m² erf, the estate is ideal for investors, large families, developers, or anyone seeking a property with strong future rental possibilities, guesthouse potential, and long-term growth opportunities.

The main feature of the estate is a spacious 3-bedroom house boasting a large balcony with beautiful sea views. The home includes three garages and a tool shed, providing ample storage and practicality. While the house does require a bit of cosmetic attention and modernising, it offers a solid foundation for enhancement and value-adding improvements.

In addition to the main house, the property has eight units, bringing the total number of bedrooms across the estate to fourteen. With upgrades or refurbishment, these units could generate an impressive rental return or form part of a fully operational guesthouse or boutique accommodation offering.

At the bottom of the property, near the main entrance, there is a boathouse that offers further utility or possible conversion opportunities. At the top of the property stands an A-frame cottage that requires restoration. This unique structure provides exciting possibilities—renovate it into a character-filled dwelling, include it as part of a guesthouse concept, or explore subdivision options to sell it separately and potentially recover a portion of your investment.

With multiple dwellings, sea views, dual access points, and significant redevelopment potential, this property is a rare find offering exceptional value and endless opportunity for the right buyer.