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St Michaels On Sea, St Michaels On Sea, Margate, KwaZulu-Natal
R 1 500 000
This well-located property offers excellent potential for investors or buyers looking for a renovation project. The main house has been vandalised and needs work, making it a true fixer-upper with the chance to add value and create your ideal space. Set on a big yard with a swimming pool, there is plenty of room to redesign, expand, or improve the outdoor areas. A key highlight is the three flats, which are in fairly good condition and can provide immediate rental income or accommodation while you renovate the main house. The spacious layout and prime position make this a smart investment opportunity with strong upside potential. With some vision and upgrades, this property can be transformed into a valuable and versatile asset.
Estimated monthly repayment
R 14 165
on a R 1 350 000 bond over 20 years at 11.25%
Estimate only — actual rates depend on your credit profile + bank approval. Consult a bond originator for a formal quote.
Get pre-approval from one of our bond partners.
St Michaels On Sea, St Michaels On Sea, Margate, KwaZulu-Natal
Area view — the exact address is shared on enquiry.