R 480 000

This spacious two-bedroom, one-bathroom apartment is set within a well-maintained former hotel that has been thoughtfully converted into an apartment building for both tenants and owners. The unit features an open-plan living area seamlessly connected to the kitchen, which offers built-in cupboards and generous walk-around space. One bedroom is fully enclosed, while the second bedroom is conveniently linked to an additional storage room, providing flexible living or workspace options. While the apartment does require a bit of TLC to restore it to its former glory, it presents an excellent opportunity to add value and personalise the space to your own taste.

Ideal for investors and lifestyle buyers alike, this unit offers strong potential for holiday letting or long-term rental, especially given its attractive price point and high return potential. The building is safe, secure, and well protected, and enjoys a prime location close to all essential stores and just a three-minute walk to Margate's main beach. The unit also includes an open parking bay within the premises, ensuring your vehicle is secure and conveniently accessible at all times.