28 Self-catering flats in a Prime spot in Margate!
This property that is zoned residential and commercial presents a great opportunity for an investment and further development. There are 28 self-catering flats, an office, and a 3 bedroom flat for the owner / manager and business premises that is currently leased out; generates extra income. 3 storerooms and staff change rooms. There are 20 solar panels for the geysers and water tanks that hold 20 000L water for emergency supply. There is a communal braai area and enough parking for the guests. Flats can be leased permanently or for holiday rental. The property is in the CBD; walking distance to amenities, across the road from the beach and +- 400 m from the swim beach. Best of all, you have the most amazing sea views. Phone today to view this property, with so much potential.