9 Bedroom Property for Sale in Margate R2 650 000. 08 Mar 2025

Property features

R2 650 000
9 Bedrooms
8.5 Bathrooms
1 Living Room/s
Garage for car/s
Outside Parking for 1 car/s
Rates R2381 pm
Outdoor pool
Garden
Dining Room
Furnished
Security Estate

Property Details

*** Please take the time to watch the video *** This exceptional 9 bedroom property in Margate is a rare opportunity for those looking to invest in a well-established, fully operational guesthouse. Ideally located in a sought-after area, this property consists of two sectional title houses, offering versatility and great potential for continued business success or multi-generational living. The guesthouse features seven en-suite guest rooms, each designed for comfort and convenience, ensuring a pleasant stay for visitors. In addition to these guest rooms, there is a separate two-bedroom unit, perfect for a manager's residence, long-term rental, or additional guest accommodation. A well-equipped kitchen is available for meal preparation, along with a spacious dining hall, providing a welcoming space for guests to enjoy their meals. The property also boasts a Lapa and swimming pool, ideal for relaxation and entertainment. The surrounding lush garden enhances the tranquil atmosphere, making it a peaceful retreat for guests. One of the key highlights of this property is that it is being sold as a running concern, which means the new owner can step in and continue operations seamlessly. Most of the furniture and equipment are included in the sale, reducing the initial setup costs for the buyer. For added convenience, this property comes with ample parking space, ensuring that both guests and staff have sufficient room for vehicles. Some sections of the property also enjoy beautiful sea views, adding to its appeal and value. A major advantage of this guesthouse is its self-sufficiency in utilities. The property is equipped with a borehole and water tank, ensuring a reliable water supply. Additionally, it features solar panels and an inverter (note: no battery is included), providing a level of energy independence and reducing electricity costs. This is a fantastic investment opportunity for anyone looking to own and operate a guesthouse in a prime location. Whether you are an experienced hospitality entrepreneur or someone looking for a lifestyle change with income potential, this property has everything you need to succeed. Call Don, Cathy or Gabriella for a viewing !!!