R5,500,000
R5,500,000
18 bedrooms11 bathrooms6 garages5 parking baysErf 2023 m²Energy supplies: EskomWater supplies: Council Supply
Expenses
Rates and Taxes:
R1,690 per month
House for sale in Margate
11 Units Investment Property
This is an ideal investment opportunity. With 11 units in total, the property has been divided into two. With 4 units in one and the rest in the other. With an income of approximately R60k per month.
First property:
Unit 1 - 2 bedrooms, shower, washing room, kitchen & lounge
Unit 3 - 2 bedrooms, 2 bathrooms, kitchen & lounge
Unit 3 B - 1 bedrooms, 1 bathrooms, kitchen & lounge
Unit 4A - 1 bedroom, 1 bathroom, kitchenette and lounge
Unit 4 - 2 bedrooms, full bathroom, kitchen & lounge
Unity 5 A& B - 2 bedrooms, 1 bathroom with shower, kitchen & lounge
Second property:
Unit 2B - 1 bedroom, open plan lounge, kitchen and bathroom
Unit 2A - 1 bedroom, open plan lounge, kitchen and bathroom
Unit 7 - 2 bedrooms, kitchen, lounge & bathroom
Unit 8 - 2 bedrooms, kitchen, lounge & bathroom
Included is a store room, braai area, 2x 10 000litre water tanks that are connected to each unit, 6 lock up garage and 5 carports as well as each unit has prepaid electricity and individual water meters.
Listing details
Rooms
- 18 Bedrooms
- Main Bedroom
- Main bedroom with built-in cupboards
- Bedroom 2
- Bedroom with built-in cupboards
- Bedroom 3
- Bedroom with built-in cupboards
- Bedroom 4
- Bedroom with built-in cupboards
- Bedroom 5
- Bedroom with built-in cupboards
- Bedroom 6
- Bedroom with built-in cupboards
- Bedroom 7
- Bedroom with built-in cupboards
- Bedroom 8
- Bedroom with built-in cupboards
- Bedroom 9
- Bedroom with built-in cupboards
- Bedroom 10
- Bedroom with built-in cupboards
- Bedroom 11
- Bedroom with built-in cupboards
- Bedroom 12
- Bedroom with built-in cupboards
- Bedroom 13
- Bedroom with built-in cupboards
- Bedroom 14
- Bedroom with built-in cupboards
- Bedroom 15
- Bedroom with built-in cupboards
- Bedroom 16
- Bedroom with built-in cupboards
- Bedroom 17
- Bedroom with built-in cupboards
- Bedroom 18
- Bedroom with built-in cupboards
- 11 Bathrooms
- Bathroom 1
- Bathroom with basin, bath and toilet
- Bathroom 2
- Bathroom with basin, shower and toilet
- Bathroom 3
- Bathroom with basin, shower and toilet
- Bathroom 4
- Bathroom with basin, bath and toilet
- Bathroom 5
- Bathroom with basin, shower and toilet
- Bathroom 6
- Bathroom with basin, shower and toilet
- Bathroom 7
- Bathroom with basin, shower and toilet
- Bathroom 8
- Bathroom with basin, shower and toilet
- Bathroom 9
- Bathroom with basin, bath, shower and toilet
- Bathroom 10
- Bathroom with basin, bath, shower and toilet
- Bathroom 11
- Bathroom with basin, shower and toilet
- Other rooms
- Kitchen 1
- Kitchen 1 with tiled floors
- Kitchen 2
- Kitchen 2 with tiled floors
- Kitchen 3
- Kitchen 3 with tiled floors
- Kitchen 4
- Kitchen 4 with tiled floors
- Kitchen 5
- Kitchen 5 with tiled floors
- Kitchen 6
- Kitchen 6 with tiled floors
- Kitchen 7
- Kitchen 7 with tiled floors
- Kitchen 8
- Kitchen 8 with tiled floors
- Kitchen 9
- Kitchen 9 with tiled floors
- Kitchen 10
- Kitchen 10 with laminate wood floors
- Kitchen 11
- Kitchen 11 with laminate wood floors
- Living Room 1
- Living room 1 with tiled floors
- Living Room 2
- Living room 2 with tiled floors
- Living Room 3
- Living room 3 with tiled floors
- Living Room 4
- Living room 4 with tiled floors
- Living Room 5
- Living room 5 with tiled floors
- Living Room 6
- Living room 6 with tiled floors
- Living Room 7
- Living room 7 with tiled floors
- Living Room 8
- Living room 8 with tiled floors
- Living Room 9
- Living room 9 with tiled floors
- Living Room 10
- Living room 10 with laminate wood floors
- Living Room 11
- Living room 11 with laminate wood floors
Other features
I'm your local property expert in Margate, South Africa
Port Shepstone / Margate Office
Shop 5, 718 Marine Drive, Shelly Beach, 4265, KwaZulu-NatalRegistered with the PPRA.Holder of a Business Property Practitioner FFC. Operating a Trust Account. A Franchise of Pam Golding Franchise Services (Pty) Ltd.Coastal Premier Properties (Pty) Ltd t/a Pam Golding Properties Port Shepstone/Margate
Port Shepstone / Margate Office details