R1,540,000

R1,540,000

5 Bedroom House For Sale in St Michaels On Sea
5
Bedrooms
4
Bathrooms
Print

Spacious Home that is divided in 4 flatlets For Sale in St Michael's on Sea

Web Ref. RL10077
Land size 1367.00 m²
Monthly Bond Repayment
R15,375.05
If you're looking for a property with excellent return on investment, then this is an opportunity you don’t want to miss!

Situated in the sought-after area of St Michael’s on Sea, this home is currently divided into four income-generating flats, each offering a stable monthly return to help sustain your investment.

One flat offers 2 spacious bedrooms

The remaining three units are 1-bedroom apartments
Each flat features its own private kitchen and bathroom, offering tenants comfort and independence.

This versatile property can also be easily converted back into a spacious family home, making it ideal for both investors and those looking to settle in a well-established coastal community.

Enjoy beautiful sea views from the top units and a slight sea view from the lower units – the perfect coastal lifestyle!

Additional features include:

A mix of gas and electric geysers

All units fitted with gas stoves

Ample parking for residents and visitors

A fully fenced yard for privacy and security

Located in a quiet and established neighbourhood, this property combines coastal living with smart investment potential.

Don’t let this opportunity slip away.
Contact me today to arrange a private viewing!
Monthly Rates R1,300

Features

Interior
5 Bedrooms
4 Bathrooms
4 Kitchens
4 Lounges
3 Dining Rooms
Exterior
4 Parkings (Carport)
4 Flatlets
Pet Friendly
Scenery / Views
Sizes
Land Size 1,367 m²
Listing Info
Date Listed 04-08-25
Time Listed 13:11

St Michaels On Sea, Margate

Google map for 5 Bedroom House For Sale in St Michaels On Sea

Disclaimer

While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.