7 Bedroom house for sale in St Michaels On Sea, Margate
-
7
-
4
-
2
-
Web Ref: 1279339
Property Features
Interior Features
Exterior Features
7-bedroom, 4-bathroom Investment opportunity in St Michaels
Welcome to your dream investment opportunity in the picturesque St Michaels on Sea! This magnificent 7-bedroom, 4-bathroom residence is not just a house; it's a strategic investment that promises both luxury living and substantial returns.
The focal point of this property is the impressive double-storey main house. Step inside, and you'll discover a thoughtfully designed layout. Two generously sized bedrooms and a bathroom are nestled on the ground floor, providing convenience and accessibility. Ascend to the upper level, where an additional two bedrooms and another bathroom await, offering a touch of elegance and stunning panoramic sea views from the private balcony.
What makes this property truly exceptional is its income-generating potential. The ground floor and top floor of the main house are independently tenanted, ensuring a consistent stream of revenue. This intelligent design not only maximizes returns but also allows for flexibility in leasing options.
But the allure doesn't end there. Behind the main house stands a spacious double garage, accompanied by a charming 2-bedroom flat boasting breathtaking sea views. This additional dwelling unit adds not only extra living space but also an extra layer of investment potential.
As if that wasn't enough, the lower level of the property features a separate 1-bedroom flat with its own bathroom, completing the trio of rental opportunities. Currently, this property is a landlord's dream, with three separate tenants already in place, providing immediate income.
St Michaels on Sea is renowned for its scenic beauty and tranquil ambiance, making it an attractive destination for both residents and visitors alike. Whether you're seeking a comfortable family home or a shrewd investment opportunity, this property ticks all the boxes. Don't miss your chance to own a slice of coastal paradise with a built-in income strategy. Act now and make this investment dream a reality!
Location
Contact the agent
Registered with the PPRA
Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA
Bond repayment calculator
Monthly repayments will be calculating…
*based on purchase price at Prime over 20 years
Ready to sell?
Our goal is to sell your property at the right price and in the shortest possible time.
Check out our latest ad by clicking below:
Related Properties
4 Bedroom house for sale in Ramsgate, Margate
This property, situated on a 2,872 square meter stand, features three spacious bedrooms, two lounges, a bar, a…
4 Bedroom house for sale in Shelly Beach, Margate
Nestled in the exclusive Eco estate at The Farm in Shelly Beach, this beautiful double-story, 4-bedroom, 4-bat…
4 Bedroom house for sale in Shelly Beach, Margate
Nestled in the heart of the prestigious Malokiba Eco Estate at "The Farm" in Shelly Beach, this stunning execu…