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Looking for an excellent investment opportunity? This 2nd floor upmarket and immaculate, fully furnished and equipped unit is situated on the beach in this ever-popular resort in the middle of the Margate Golden Mile. The spacious open plan dining, lounge and kitchen area opens out onto the balcony with the most amazing sea views as far as your eyes can see. These units show great letting potential for any investor. Use it when you need it and let it out for the rest of the year. No monthly outlay - your unit is rented and income is off set against your levy, then you receive an annual statement showing net income for the year. The Complex offers the lifestyle of a movie star with facilities such as a conference room, restaurant, sparkling freshwater pool, hair and beauty salon, laundry facilities, boma, undercover communal braai area, play area for the kids and the list goes on and on. One secure under cover parking is allocated and additional parking is allowed on the premises. The Complex is extremely well run, is wheel chair friendly and there are two lifts servicing the building. Margate is a seaside resort town on the KwaZulu-Natal South Coast, about 20 kilometres southwest of Port Shepstone and is the entertainment hub of the South Coast. Each place as unique as the other will mean that no matter what your taste, Margate has you covered and the Beach is very popular due its close proximity to restaurants, shops and hotels. You can venture South and enjoy the many golf courses along the way, the famous Pistols Saloon in Ramsgate, and the Crocodile Farm, Horse riding on the beach in Marina Beach, stop by McBanana the biggest farmstall you have ever seen and the famous Wild Coast Sun where there is entertainment for the whole family. Go north and satisfy all your shopping needs. Sound idyllic?!!! Give us a call ...
Purchase Price R 977 000
Building Size85 m2
Price Per SQMR 11494 m2
Monthly Rates1500
Monthly Levy2500
Type of PropertyApartment
Land Size7312 m2
FurnishedYes
Last Updated03 Nov 2021
Kitchen1
Bedrooms2
Bathrooms2
Lounges1
Dining Room1
Swimming PoolYes
Outdoor LivingPlastered
Carports1
SecurityYes
RoofingFlat concrete
FlooringTiles
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