R 695,000
Neat and Cozy 1 Bedroom Apartment with Ocean Views
Margate, Margate
Apartment / Flat · Residential
Spaces & amenities
Description
Neat and Cozy 1 Bedroom Apartment with Ocean Views
~ Authority to sell ~ Neat & Cozy 1-Bedroom Apartment with Ocean Views Discover comfortable coastal living in this neat and cozy 1-bedroom apartment, perfect for first-time buyers, holidaymakers, or savvy investors. The unit features an open-plan kitchen and living area, creating a light and airy space that flows effortlessly onto a small balcony with a lovely ocean view — ideal for relaxing and enjoying the sea breeze. The apartment offers a spacious bedroom and a full bathroom, ensuring both comfort and practicality. Additional features include backup water tanks, providing peace of mind, as well as access to a communal swimming pool for those warm coastal days. Conveniently located close to shops and public transport, this property offers both lifestyle and convenience. Perfect for investors, with an established rental income of approximately R66 000 per year, making it a great income-generating opportunity. Key Features: 1 Spacious Bedroom Full Bathroom Open-Plan Kitchen & Living Area Balcony with Ocean View Backup Water Tanks Communal Swimming Pool Close to Shops & Public Transport Strong Rental Income Potential Contact us today to arrange a viewing.
Features
The Property
- Investment
- Natural Light
- Pets Not Allowed
- Second Floor and Above
- Sectional Title
Security
- Totally Fenced
- Safe
Connectivity
- Wi-Fi
- TV Port
Other
- Communal Braai Area
- Sea View
Monthly costs
- Rates & taxes
- R 803
- Levy
- R 1 555