R 1 950 000 | 8 bed property for sale in margate

Property Description

A Mediterranean style Villa situated in a tranquil part of Margate. Boasting 6 bedrooms (3 m.e.s) and in addition a large 2 room suite with its own lounge, kitchenette, bathroom and balcony. Being sold fully furnished this property is currently functioning as a successful B@B. 4 Lock up garages are supplemented by an additional 4 open secure parking spaces. The servant's quarters(mes) and a separate prefab dwelling unit also with own bathroom (currently being utilised by the management couple) conclude the dwelling units. Fully equipped kitchen and dining room lead to the 2 lounge areas and the main porch and sweeping staircase to the garden. The large manicured and established garden leads your eyes across Margate to the magnificent sea views stretching far along the coast. A separate enclosed pool area with a built- in braai ensure enjoyment on the windy days. Close to all requirements means that the Margate Hospital, Hibiscus Mall and Margate Police station are less than a km away. Margate airport is a 5minute drive. Security is provided by a fully enclosed, walled property, electric gates and a full alarm system linked to a service provider. This property has the option of being a forever home or a source of income for the business minded. Give us a call!


Property Details

Purchase Price R 1 950 000

Building Size450 m2

Price Per SQMR 4333 m2

Type of PropertyHouse

Monthly Rates1661

Land Size2313 m2

FurnishedYes

Last Updated25 Mar 2024

Rooms

Store RoomYes

Study1

Laundry1

Flatlet1

Kitchen1

Bedrooms8

Bathrooms5

Reception Rooms

Lounges3

Dining Room1

External Features

Outdoor LivingPlaster

Swimming PoolYes

Patio2

Garages4

General Features

SecurityYes

RoofingTile

FlooringTiles

Property Location

Similar Property in nearby suburbs

Agent

Bathandwa Tshingo

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