Bargain 2-Bedroom Apartment with Renovation Potential Near Margate Beach
Web Ref.
MPLS-3689
Land size
2599 m²
Floor size
99
m²
Monthly Bond Repayment
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Situated close to Margate, this apartment is located in a clean and secure complex and offers excellent value for buyers or investors looking to add their own personal touch.
Upon entering the apartment, you are welcomed by a spacious open-plan kitchen that flows seamlessly into the living and dining areas. This inviting living space opens onto a large balcony with slight sea views — the perfect spot to relax and enjoy the coastal breeze.
The apartment offers two generously sized bedrooms. The main bedroom features an en-suite bathroom with a shower, wash basin and toilet, and opens directly onto the spacious balcony, ideal for enjoying a quiet morning coffee. The second bathroom is fitted with a bath, wash basin and toilet.
The complex offers a communal braai area, while residents are also permitted to enjoy the convenience of a private gas braai on the balcony.
Additional features include an enclosed garage accommodating up to two vehicles. The apartment is conveniently located approximately 700–800 metres from the beach and close to shops and amenities.
While the apartment does require some TLC in the bathrooms, it presents a fantastic opportunity to renovate and add value, making it ideal as a permanent residence, holiday home, or investment property.
Features
Property Type
Apartment
Listing Purpose
Sale
Municipal Rates
R 850
Occupation
On Transfer
Levy
R 2300
Floor Size
99 m²
Rooms
Bedrooms
2
Bathrooms
2
ensuite
Kitchen
1
Lounges
1
Amenities
Garage
1
Amenities
Finance
Total Amount Repayable
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Monthly Repayment
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Disclaimer
While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.