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MARGATE: / KwaZulu Natal Margate Home South Coast KwaZulu Natal South Africa

Elevated sea views from large home with development option, Margate.   Elevated sea views from large home with development option, Margate.   Elevated sea views from large home with development option, Margate.   Elevated sea views from large home with development option, Margate.

 

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 established garden.

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

scullery room.

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 exercised.

Solid family home, or, a 14 unit investment opportunity.

Investment value!!!  

 

PRICE R1,420,000

 

 

CONTACT :   Jo-Anne - (+27) 083 756 4637                   

                                e mail - joannewentzel@venturenet.co.za

 

 

MARGATE: / KwaZulu Natal Margate Home South Coast KwaZulu Natal South Africa

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