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4 Bedroom House For Sale in Margate

R1,650,000


Monthly Bond Repayment R17,596.09
Calculated over 20 years at 11.5% with no deposit.

Web Ref No WRL78564

GOOD AREA - GOOD INVESTMENT

mandate to find a new owner who is buying this well built home with the following advantages:

- A large property, 2023 square metres, which makes this an intelligent buy for the new owner to build cottages at the back of the property - there is already a driveway from the main automated gate entrance that leads up to the back of this large property giving easy access to future cottages to be rented out creating a good supplementing income for the new owner.

- This well built home consists of:
* 4 Spacious bedrooms with built-in cupboards.
* 2 Bathrooms (one is m.e.s.).
* A practical well designed kitchen with a lot of cupboard space and a separate scullery and laundry.
* A spacious dining room.
* 2 lounges, one formal at the main entrance and the 2nd lounge has sliding doors leading out to a wrap around balcony with valley views.
* A double automated garage.

- Special additional features include:
* Air ducting throughout the whole home.
* 5000L water tank with auto pump.
* An alarm system.
* Domestic room with bedsitter, kitchenette, bathroom as a separate building at the back of the property.
* The property is fully walled.

- The home is situated in Margate Drive just off Bank Street offering a good position in a good area of Margate with huge potential for running a business from home or investment for extra income if cottages are built on this large property or for an extended family. Priced to sell quickly so please arrange an appointment to view this lovely home, close to all shopping centres and schools.

Features

Bedrooms 4
Security Yes
Bathrooms 2
Recep. Rooms 3
Dom. Accom. 1
Floor Size 420m²
Garages 2
Land Size 2,023m²
Pets Allowed Yes
Monthly Rates R1,000.00

Agent Contact Details

Guy Yeadon
Wakefields Lower South Coast

Cell 082 881 0203
Office (039) 3150555
WhatsApp Me

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