19 Bedroom House For Sale in Margate
19 Bedroom House For Sale in Margate
19 Bedroom House For Sale in Margate
19 Bedroom House For Sale in Margate
19 Bedroom House For Sale in Margate
19 Bedroom House For Sale in Margate
19 Bedroom House For Sale in Margate
19 Bedroom House For Sale in Margate
19 Bedroom House For Sale in Margate
19 Bedroom House For Sale in Margate

19 Bedroom House For Sale in Margate

R5,850,000

10 Hibiscus, Margate, Margate

Monthly Bond Repayment R57,426.13
Calculated over 20 years at 10.25% with no deposit.

Web Ref RL3263
Monthly Rates R2,200

Prime Multi-Dwelling Investment Opportunity, Fully Tenanted & Income-Generating!

Prime Multi-Dwelling Investment Opportunity – Fully Tenanted & Income-Generating!
📍 Location, Location, Location! Nestled in a quiet street just off Marine Drive in the heart of Margate, this exceptional investment property is a rare find. Offering a high rental yield, no renovations required, and a fully tenanted setup, this is the perfect opportunity for investors looking for a hassle-free, income-generating asset.

✨ Key Features:
✔ Impeccably Maintained – On-site caretaker ensures seamless management.
✔ Individual Meters – Each unit has its own pre-paid electricity and water meter.
✔ Move-in Ready – Fully tiled units, built-in cupboards, and ceiling fans.
✔ Backup Water Supply – 10,000L JoJo tank with a pump servicing all units.
✔ Secure Parking – 6 single garages + 2 carports behind a fully walled perimeter with a single access gate.

💰 Property Breakdown: 11 Units in Total

UNIT 1-9: A mix of 1- and 2-bedroom apartments with kitchens, lounges, and bathrooms.

UNIT 10 & 11: Log cabins with partial sea views, 2 bedrooms, kitchen, lounge, bathroom, and patio.

🚀 An Investment You Can’t Afford to Miss! With stable tenants in place, a sought-after location, and minimal maintenance required, this property is an absolute gem for serious investors.

📞 Don’t miss out! Contact us today for an exclusive viewing.

Video

VIRTUAL TOUR

Features

Pets Allowed Yes
Interior
Bedrooms 19
Bathrooms 12
Kitchen 10
Reception Rooms 20
Furnished No
Exterior
Garages 6
Security Yes
Parkings 6
Flatlet 10
Pool No
Sizes
Land Size 2,023m²
-30.8605426, 30.3709331
Michelle Venter
Michelle Venter
Candidate Property Practitioner
Office 0330011505
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