LARGE FAMILY HOME

R1,450,000

Margate, KwaZulu Natal, KwaZulu Natal

House for sale in Margate, KwaZulu Natal, 1009 m²

Margate, KwaZulu Natal, KwaZulu Natal

R1,450,000

Ref:1565449
6Bed
4Bath
1009
Type: House

Description

EXCLUSIVE AGENT MANDATE

ATTENTION INVESTORS LOOKING FOR A BED N BREAKFAST

ATTENTION LARGE FAMILIES


PERFECT INCOME GENERATOR ON MULTIPLE LEVELS - Perfect guesthouse opportunity as well!

You can have a 6-bed house? You can have a 4 Bed House + 2 bed Flat? You can have 3 x 2 Bed Income flats You Can have a perfect GUESHOUSE

Margate is based on the lower South Coast and is well known for the popular main beach and activities. The town offers holiday investments but also provide a lot more when you look at property investment and residential rental income investments. Margate also offers a top-class private hospital, Hibiscus Mall and the local airport with lots of development investment plans in the near future. Margate Ext 3 was developed as a new extension of the greater Margate and focusing more on residential properties.

This is a unique property at a perfect location. The property is well maintained and offers more than the average house in the area. A perfect 4-bedroom, 3-bathroom family home with lots of additional space for entertainment. The well laid out pool area and undercover area to the bar is ideal for hosting family and friends. The low maintenance garden is perfect for the busy family that enjoy the garden without the hard work.  All the rooms are spacious and private. The open plan living is ideal for the bigger family with a cozy kitchen and a dining room leading to the garden.
Don't forget the totally private flat. Enjoy your own entrance, parking and even a garden with an undercover patio. The modern kitchen and lounge are perfect for live in parents or starter families to rent from you to assist with the bond. Both bedrooms are a good size with a separate bathroom. For the bigger family this property can easily be joined to a massive 6-bedroom house, ideal for a Bed and Breakfast.

This property offers so much potential in multiple ways to invest. Use it for yourself and rent the flat out to assist with the bond. With a bit of imagination and very little cost it could make the perfect bed and breakfast that would be ideal for the location so near the airport. For the right investor this property could be a generous income generator when diverted to 3 individual flats. The opportunities are endless and that makes this property a must view. At the perfect price, location and all the different market features this property will not remain on the market for long so do not delay call me today for a viewing.

Location

Margate, KwaZulu Natal, KwaZulu Natal

Data

Object TypeHouse
Purchase PriceR1,450,000
Living Space1009 m²
Plot Size1009 m²
Bathrooms4
Construction YearN/A
ConditionNot specified
Rooms11

Financial Information

RatesN/A
LevyN/A
Special LevyN/A

Contact Agent