FEATURED
Web Ref RL953599
R1,095,000
Monthly Bond Repayment R11,677.40
Calculated over 20 years at 11.5% with no deposit.
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Monthly Rates
R1,900
R1,900
7 Bedroom Property for Sale in St Michaels on Sea
Discover one of the finest investment opportunities to hit the market in recent times. Nestled in the heart of St Michaels, this unique property boasts a total of 7 bedrooms, offering an unparalleled potential rental income.
The property features:
- 5 Single Room Flatlets: Each flatlet is self-contained, complete with its own bathroom and kitchenette, making them perfect for short-term or long-term rentals.
- Main House: A spacious and elegant living area awaits you, with a large lounge perfect for entertaining. Step out onto the patio to experience breathtaking seaviews that promise serene sunsets and a tranquil atmosphere. The main house also includes 2 additional bedrooms and 2 bathrooms, providing ample space and comfort.
Conveniently located, this property is just a short drive from key regional amenities such as the South Coast Mall, Shelly Centre, and Shelly Private Hospital. Whether you’re an investor seeking a property with high rental potential or someone looking for a comfortable coastal retreat, this property in St Michaels is a rare gem.
Don't miss out on this exceptional opportunity. Book your viewing today and step into a world of investment potential and coastal elegance.
(NB: The property needs a bit of TLC)
The property features:
- 5 Single Room Flatlets: Each flatlet is self-contained, complete with its own bathroom and kitchenette, making them perfect for short-term or long-term rentals.
- Main House: A spacious and elegant living area awaits you, with a large lounge perfect for entertaining. Step out onto the patio to experience breathtaking seaviews that promise serene sunsets and a tranquil atmosphere. The main house also includes 2 additional bedrooms and 2 bathrooms, providing ample space and comfort.
Conveniently located, this property is just a short drive from key regional amenities such as the South Coast Mall, Shelly Centre, and Shelly Private Hospital. Whether you’re an investor seeking a property with high rental potential or someone looking for a comfortable coastal retreat, this property in St Michaels is a rare gem.
Don't miss out on this exceptional opportunity. Book your viewing today and step into a world of investment potential and coastal elegance.
(NB: The property needs a bit of TLC)
Features
Pets Allowed
Yes
Interior
Bedrooms
7
Bathrooms
7
Kitchen
6
Reception Rooms
7
Study
1
Furnished
No
Exterior
Security
No
Parkings
2
Flatlet
4
Domestic Accomm.
1
Pool
No
Scenery/Views
Yes
Sizes
Floor Size
2,047m²
Land Size
2,047m²
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St Michaels On Sea, Margate
Welcome to Margate, a charming coastal town on the KwaZulu-Natal South Coast of South Africa. Margate offers a delightful blend of seaside relaxation and dynamic urban living.Margate is famous for its stunning coastline, golden sandy beaches and warm Indian Ocean waters. The main beach, a Blue Flag beach, is perfect for swimming, sunbathing, and water sports. Lifeguard-patrolled and equipped with amenities, it’s a...
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