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R 14 500 000 Bond Calculator | Commercial Property for Sale in Margate

44 Panorama Parade, Margate, Margate

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20
Erf Size: 2 016 m²

Modern Holiday Resort in the Heart of Margate

A fantastic investment opportunity awaits.
Own this entire seaside holiday complex, consisting of 8 units with a total of 24 bedrooms and able to accommodate 64 guests. The property is located on the border between Margate and Ramsgate, less than 20m from the shoreline.
The financial statements of the body corporate are extremely healthy, and the resort offers amazing holiday or permanent rental income potential.
All units have recently been revamped with stylish modern interior, high quality furniture and state of the art appliances. All furniture and appliances are included in the sale.

*** Villas 1 to 4***
- Double storey duplex
- 3 Bedrooms
- 2.5 bathrooms (main en-suite)
- Open plan lounge, dining room and kitchen
- Undercover patio with braai
- Single garage with automatic door and 'n single reserved parking bay

*** Villas 5 to 8***
- Triple storey duplex
- 3 Bedrooms
- 2.5 bathrooms (main en-suite)
- Open plan lounge, dining room and kitchen
- Undercover patio with braai
- Separate laundry
- Single garage with automatic door and a single undercover parking bay

The complex has a generator, communal swimming pool, games room and staff accommodation.

I look forward to receiving your enquiries on this fantastic investment opportunity.


Property Overview

Listing Number
115810236
Type of Property
Commercial Property
Street Address
44 Panorama Parade, Margate
Lifestyle
Coastal/Beach
List Date
02 April 2025
Erf Size
2 016 m²
Floor Area
205 m²
Rates and Taxes
R 11 300
Age
28
Zoning
General Business

Facilities

Bedroom
24
Bathrooms
20
Domestic
1
Reception Rooms
8

External Features

Garage
8
Parking
8
Garden
1
Garden
Garden
Pool
1
Pool
Communal chlorine / swimming pool(s) with change room, cleaner and fence

Other Features

Security
1
Security
Complex security including 24 hour response, automatic gates, burglar bars, electric fence and security gates
Special Features
6
Special Features
Tiled roof
Special Features
Face brick walls
Special Features
Aluminium windows
Special Features
Commercial facilities including guest lodge
Special Features
Palisade fence boundary
Special Features
Exterior features including backup generator, braai, covered patio, staff accommodation, undercover braai area and washing line


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Agents

Ewald Pretorius
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