Entire complex of 9 units, each with sea views, central Margate.
Located in a much sought after section of one
of South Africa's premier holiday destinations, this secure
block of 9 separate units, plus office and
caretaker's cottage, boasts a year round sub-tropical climate
that enhances a high occupancy rate.
On offer, as a commercial sale, this block has
been maintained to a high standard, with a secure automated
access gate, interior driveways in place, plus
a communal swimming pool and kiddies play area in the
Completely fenced, secure off street under
cover parking is available to each of the 9 units.
Set over three storeys, each level plays host
to 3 sea facing units. Each of the 9 units offers views of the
Entrance to each of the 9 units is from the
parking facade of the building, thereby allowing the reception
rooms and bedrooms maximum exposure to the sea
The entrance breezeways are extra wide, with
feature gardens on the ground floor, and window planters and
tubs on the upper floors. This creates an
ambiance of clean crisp well defined lines and still allows for a
bit of softness.
From the front door entrance of each unit, the
reception rooms are open plan and comprise a footprint of
lounge, dining room, fitted kitchen and
Large glass sliding doors fitted to the lounge
open onto a deep balcony that runs the entire sea facing
length of the balcony. The balcony is spacious
enough to play host to a couple of lounging chairs and an
al fresco dining table. Enjoy the Indian ocean
and all its moods from this vantage point.
The country style kitchen offers ample solid
wood cupboards, with granite tops and a free standing stove
Floors are tiled throughout, to cope with the
hot balmy summer months the sub-tropical climate creates.
Sleeping quarters in each of the 9 units
comprises two bedrooms and two bathrooms per unit.
Each of these bedrooms comes with built in
wardrobes and built in vanity.
The main bedroom, in each of the 9 units has
an en suite bathroom, whilst the second bathroom
services the second bedroom.
On each storey of the building, the middle
unit boasts both bedrooms to be sea facing.
Please note, each of the 9 units enjoy the
benefits of their own individual prepaid electricity meter.
In addition to the 9 units, a simplex building
plays host to an office, with the added bonus of an owner/
resident caretaker cottage. The caretaker
cottage offers a footprint of lounge, kitchenette, 2 bedrooms
and a bathroom.
This caretaker cottage could also be converted
into a communal clubhouse, as it is located alongside the
communal swimming pool and braai (BBQ) area.
Utilize the caretaker's cottage as a primary
residence and let out the 9 units, creating an income, or use
a caretaker to run the complex and still
create a lucrative rental income.
Exterior security beams are in place.
Kindly note a sectional title register has
been opened, and where applicable the purchaser will be liable
This commercial opportunity is so ideally
located, Margate's Golden Mile beach is a stroll away, as is the
fishing pier, a variety of restaurants, banks
and general shops. All along a pristine sweep of coastline.
Genuine value for investment !!!!