- 3
- 1
- 150 m2
- 2 041 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 800.00
Monthly Levy: ZAR 0.00
Special Levies: ZAR 0.00
Property description
Fixer-Upper Opportunity – R650,000 | Lot 2715, Margate KZN
Set on a generous 2041sqm of level, fenced, and gated land, this property offers great potential for the savvy investor or renovator. Positioned near the back of the stand, the house sits in a quiet area with a neighbour to the right, a vacant stand to the left, and a farm with tunnels located behind. While the home does need attention – including a fresh coat of paint and interior renovations – the garden is in good shape and the grass has been maintained.
Previously hijacked, the property is now secured with a caretaker tenant paying a small rental to maintain the premises. This is a true “fix-me-upper” project with space and potential to transform into a charming residence or profitable investment. Access to the interior is pending, but the structure presents a solid starting point for a renovation. A rare chance to buy into Margate at an affordable price.
Property Details
- 3 Bedrooms
- 1 Bathrooms
Property Features
- Wheelchair Friendly
- Satellite
- Pets Allowed
- Access Gate
- Garden
| Bedrooms | 3 |
| Bathrooms | 1 |
| Floor Area | 150 m2 |
| Erf Size | 2 041 m2 |
Contact the Agent
Martin Schonken
Full Status Property Practitioner