Sale
South Africa

2

Beds

2

Baths

1

Parking

118 m²

Floor area

89,896 m²

Stand size

Commercial 2 beds 2 baths 118 m²

About this property

Charming Townhouse in Margate: A Prime Investment Opportunity

Discover this delightful and modern townhouse in the peaceful suburb of Margate, KwaZulu-Natal, South Africa. Currently tenant-occupied, this property presents an excellent investment opportunity or a cozy future home. Perfectly situated in a tranquil neighborhood, it offers the serenity of suburban living while being conveniently close to city amenities.

Property Highlights:

Living Space: Spanning 118 square meters, this townhouse features 2 spacious bedrooms and 2 pristine bathrooms, ensuring comfort and privacy.

Classic Charm: The timeless brick facade adds elegance, while the unfinished interior invites customization to suit your unique style.

Functional Design: Built-in closets provide ample storage.

Ideal Location:

Enjoy the convenience of living near Margate's stunning beaches, hospitals, schools, and a variety of shops. A nearby shopping mall caters to all your retail needs, while the quiet roads and sea views offer a serene backdrop for daily living.

Added Amenities:

Parking: Secure garage and covered parking for peace of mind. Recreation: Access to well-maintained common areas for relaxation. Pet Policy: A pet-free environment ensures a quiet and harmonious community.

Whether you're seeking a lucrative investment or envisioning a peaceful lifestyle, this townhouse is a perfect choice.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Garage

Features & amenities

GarageCovered parkingBuilt in closetsSea viewsCommon areasBeach proximitySchools nearbyShopping mall nearby

Price & ownership

Asking price R 910 000
Price per m² R 7 712
Municipal valuation -

Cost to buy (indicative)

Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.

Upfront split

Property price R 910K
Taxes + legal + admin fees R 21,3K

Rough split: 97.7% purchase price, 2.3% buying costs.

  • Asking price R 910 000
  • Deeds Office (transfer) R 791
  • Conveyancing (est., incl. VAT) R 20 505
  • Deeds lodgement R 52
  • Total indicative R 931 348

Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice — confirm with your attorney. Duty uses the higher of price or market value.

Table ref: sars_2025-04-01

Bond Calculator

R 8 593 /month

Total paid over 20 years (deposit + repayments): R 2 153 418

Deposit 10% · R 91 000
Loan term 20 years
5 yr 30 yr
Interest rate 11.25% p.a.
5% Prime ~11.25% 20%

Monthly repayment vs interest rate (deposit fixed at 10%)

Monthly repayment vs deposit percentage (rate fixed at 11.25%)

Indicative estimate only. Loan of R 819 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

© 2026 Fermain Pty Ltd, trading as Yagr.