Elevated sea views from large home with development option, Margate.
Located in the premier holiday destination of
Margate, a region renowned for its year round sub-tropical
climate, this family size home boasts elevated
sea views, a central location and a development option
of 14 units over three storeys!!!
Within walking distance of Margate's renowned
Golden Mile beach, this family home behind perimeter
walls and access gate nestles well in an
Currently the property has a large family size
home, but has been zoned special residential 2. This zoning
on this property would allow for development
of 14 units over a 3 storey height. Each and every one of these
units would boasts absolutely great views out
over the Indian Ocean.
In a premier holiday destination with a year
round sub-tropical climate this is a more than attractive option,
it would be a highly lucrative investment.
Adding to the attraction of the region there
are several professional golf courses, blue flag beaches, an airport,
fishing & diving spots, two shopping malls,
and long sweeps of pristine coastline.
Should the option of development not appeal,
the existing home offers an extensive footprint.
Reception rooms comprise lounge, dining room,
TV room and kitchen with scullery.
The kitchen is well appointed with ample
cupboards, stove, space for major appliances and a separate
Sleeping quarters comprise four double
bedrooms, each with built in wardrobes and two bathrooms.
The main bedroom has its own full en suite
bathroom, while the second bathroom, with separate toilet
services the remaining three bedrooms.
A set of double lock up garages has the added
facility of a double carport.
Additional outbuildings include a workshop,
storeroom and servant's quarters with toilet.
Located in a well established residential area
of Margate, this property with sea views offers remarkable
versatility, depending on the option
Solid family home, or, a 14 unit investment