R 2 500 000
| 8 Bedroom Apartment / Flat for Sale in Margate
8
8
5
An investment of a life time
This complex which has four 2 bedroom flats is situated in Manaba close to all amenities and within walking distance to the beach, is needing an investor to take over and continue to run it as well as it has been run presently. It has only been owned by the original builder and kept in the family for many, many years but it is time to “let it go”. The building was solidly built and has been very well maintained over the years so there are no hidden “defects” to be found.
All the flats are 110 square metres plus have a lock up garage each. Two of the flats which are on the 1st floor and have lovely views from their large balconies with the other 2 being on the ground floor also with large enclosed verhandas. There is also a communal laundry room and a braai area. As the flats are already tenanted, a new investor can immediately start generating an income. You could also purchase the flats separately at R600,000 each.
Give me a call to arrange an appointment to view.
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Contact AgentWeb Ref 110135456
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