ALL OFFERS WILL BE CONSIDERED PRIOR TO AUCTION.
A three storey residential block, comprising of brick, mortar, plaster, aluminum widows, sliding doors and tiled roof. The block benefits from 9 well-sized 2 bed, 2 bath units with open plan lounge and dining, leading out to a private balcony, all with sea views. The facility also has a
Caretakers 2 bed flat-let, with separate office, games room and laundry situated at the back of the property, ensuring proper management and upkeep. The units have two different configurations, the outer units have the lounge and main bedroom facing the sea, these units are the smaller units, averaging 100 m2. The middle units are the larger units averaging 130 m2, these have both bedrooms and lounge enjoying the sea views. All units have a covered parking bay and enjoy a communal manicured garden and swimming pool.
Each unit is equipped with a prepaid electricity meter.
Seller is a Vat vendor, Purchaser will be liable for VAT.
Sectional Title Register already opened, therefore offering a sizable upside , should one sell
the units off individually.
|Address:||Margate- South Coast|
|Square Meters:||1160 (Block)|
|Erf Square Meters:||3297|
|Bedrooms:||9 x Flats of 2 bed, 2 Bath|
|Agent Cell Nr:||082 38 99 777|