Positioned in the heart of lush, tropical Margate, this expansive 7-bedroom, 7-bathroom property offers immense potential for investors, developers, or buyers seeking dual-living with immediate rental yield.

Formerly operated as a successful guest house, the residence currently functions as a main homestead with five self-contained studio flats.

While the property requires cosmetic upgrades and targeted renovation, its scale, layout, and solid structural footprint provide an ideal canvas to unlock substantial market value.

Property Layout & Existing Configuration

Main Residence: 2 bedrooms, 2 bathrooms, open-plan living and dining area, and main kitchen setup. Income-Generating Units: 5 Independent bachelor flats, each fitted with its own kitchenette and bathroom- perfect for long-term lets, holiday rentals, or Airbnb.

Grounds & Outdoor Space: Central swimming pool flanked by an under cover entertainment patio, set amidst established tropical greenery.

Parking & Logistics: Ample off-street parking accommodating multiple tenant or guest vehicles for easy access.

Key Features & Breakdown: Total Accommodation7 Bedrooms / 7 Bathrooms (2 Bed Main House + 5 Bachelor Flats)

Property Condition: Fixer-Upper/Value-Add Renovation. Previous Guest House.

Outdoor Amenities: Swimming pool, entertainment patio, mature tropical garden, Parking generous off-street parking capacity.

Investment Potential: Whether you choose to maintain the current setup to enjoy immediate multi-tenant rental income while updating unit by unit, or execute a complete overhaul to reinstate a grand coastal guest house, this property delivers scale, location, and versatility in one package.

Contact me today for a private viewing of this income generating property—serious seller.

Negotiable.

House for sale in Margate, KwaZulu Natal, 310 m²