R2,750,000
72 Queen Street, Manaba Beach, Margate, KwaZulu Natal, Manaba Beach, Margate, KwaZulu Natal, KwaZulu Natal
Commercial Property for sale in Manaba Beach, Margate, KwaZulu Natal, 72 Queen Street, Manaba Beach, Margate, KwaZulu Natal, 1858 m²
72 Queen Street, Manaba Beach, Margate, KwaZulu Natal, Manaba Beach, Margate, KwaZulu Natal, KwaZulu Natal
R2,750,000
Ref:1592141
1858m²
Type: Commercial Property
Description
Prime Residential Development Opportunity | Manaba Beach, Margate
Fully Zoned Land with Plans for 42 Micro-Units & 21 Lock-Up Garages
Bypass municipal red tape and unlock a high-density, high-yield investment on the South Coast. Located within walking distance of the pristine, Blue Flag Lucien Beach, this shovel-ready development package offers an exceptional investment opportunity for sectional title developers, retirement living syndicates, or private property funds looking to maximise returns in a high-demand coastal pocket.
Active zoning saves 12 to 24 months of holding costs, allowing you to break ground rapidly on a project tailored for modern coastal living, secure retirement, or lucrative holiday rentals. Please note that the architectural plans are sold as-is, and the final reinstatement process with the municipality must be undertaken and completed by the buyer.
Project & Architectural Highlights
Project & Architectural Highlights
- Smart Block Design: Two sleek residential blocks featuring 21 units each, intelligently configured with 7 units per floor to maximise space and natural light.
- Premium Garage Layout: 21 sectionalised lock-up garages designed to cater to high-value storage needs. The layout consists of 14 integrated garages (7 per block) plus 7 separate standalone garages.
- Optimised Parking: The remaining property footprint is perfectly allocated for covered carports, ensuring ample parking for residents and guests.
- High-Yield Storage Appeal: The 21 high-value lock-up garages are highly appealing to retirees and holidaymakers needing secure storage for boats, trailers, and leisure vehicles.
Location Perks
- Prime Coastal Pocket: Situated in the sought-after Manaba Beach area of Margate, known for strong holiday rental and retirement demand.
- Beachside Convenience: Safe, easy walking distance to the famous Blue Flag Lucien Beach, local shops, and coastal amenities.
Note: Serious cash buyers and institutional investors only. Architectural layouts and zoning details are available in the full Investment Prospectus. Plan reinstatement to be managed and completed at the buyer's cost.
Dual Mandate.
Dual Mandate.
Location
72 Queen Street, Manaba Beach, Margate, KwaZulu Natal, Manaba Beach, Margate, KwaZulu Natal, KwaZulu Natal
Data
Object TypeCommercial Property
Purchase PriceR2,750,000
Living Space1858 m²
Plot Size1858 m²
BathroomsN/A
Construction YearN/A
ConditionNot specified
RoomsN/A
Financial Information
RatesN/A
LevyN/A
Special LevyN/A
Listing Agent
