If you’re looking for a hassle-free, income-generating property along the coast, this recently refurbished unit on Marine Drive in the heart of Margate is an excellent choice. Ideally located just a block from the beach and within the commercial zone, this property combines lifestyle appeal with sound investment potential.
Previously a day spa, the unit has been thoughtfully converted into a comfortable residential space with two separate entrances and secure off-road parking. Inside, you’ll find two bedrooms, a modern bathroom, and a compact kitchen with ample cupboards and countertops. The enclosed balcony adds flexibility, doubling up as an extra living space or even an additional bedroom when needed.
Currently occupied by a reliable, consistent tenant, this property delivers immediate rental income from day one – perfect for investors looking to expand their portfolio with minimal effort. With its low levies, prime location, and adaptable layout, the unit offers excellent long-term returns and multiple income-earning options.
Margate remains one of KwaZulu-Natal’s most popular coastal towns, attracting holidaymakers and long-term residents alike thanks to its beaches, vibrant town centre, and excellent amenities. A property in this sought-after area ensures strong rental demand all year round.
Don’t miss this opportunity to secure a well-maintained, income-producing unit in the heart of Margate. Contact me today to arrange a viewing and see why this property is a smart addition to any investment portfolio.