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R 2 570 000 | business property for sale in margate

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Property Description

This is a fully operational Bed & Breakfast with magnificent sea views. It is a Mediterranean styled Villa, situated in a lovely tranquil part of Margate. It is in immaculate condition and is being sold FULLY furnished. There are 6 bedrooms, all with tvs - 3 en suite. There is also an Executive Suite which has a lounge, kitchenette, 2 bedrooms, His & Hers bathroom & shower. A large walk in dressing room and a veranda which has an amazing view of the sea. The main residence has a separate lounge and a TV lounge. Undercover patio with a small cane bar with stunning sea views while sipping your ice cold glass of wine. The kitchen is well equipped to cater for all the guests while they sit in the spacious dining room and enjoy their scrumptious breakfast. Lovely pool to lay by while the kids enjoy themselves swimming and in the evenings you can enjoy a good piece of meat on the built in braai. There is also a modern Prefab home on the property with a double bedroom and en-suite shower and bathroom. This unit presently houses the manageress. Four garages plus parking for four extra vehicles. This large property is completely walled with automatic driveway gates, intercom and an alarm system. This property is a fantastic opportunity for people wanting to retire whilst still generating income. It would also be suitable for a large family or as a business venture.


Property Details

Purchase Price R 2 570 000

Type of PropertyBusiness

Land Size2313 m2

Last Updated04 Aug 2021

Property Location

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