Situated along Margate’s main commercial route, Marine Drive, directly opposite Margate Mall, this well-positioned commercial property offers exceptional exposure and a proven multi-tenanted configuration. The property is ideally suited to investors seeking a strong income-producing asset with additional upside through vacancy optimisation.
Property Improvements & Layout
The property is improved with multiple retail and service units arranged across both ground and upper floors. The configuration accommodates a range of commercial uses including food outlets, convenience retail, banking-related services, and general trade. The internal layout allows for adaptation or reconfiguration to suit tenant requirements or alternative commercial strategies.
Upper Floor Accommodation
The upper floor comprises an open-plan layout with disabled-friendly access, male and female ablution facilities, a kitchenette, a server room, and a main office area. Drywall-partitioned sections provide flexibility, while a secure vault is located on this level and may be included or excluded by arrangement.
Ground Floor Retail & Service Units
The ground floor consists of multiple street-facing retail and service units offering strong Marine Drive exposure. These units are supported by food preparation and kitchen areas, male, female and disabled ablution facilities, cold room and freezer installations, store rooms, and ancillary service areas. Certain sections are drywall-partitioned and include existing ATM and banking-style infrastructure.
Additional Improvements
Additional improvements include staff kitchenette and service rooms, internal and exterior security camera coverage, and practical internal circulation with stair access between levels. The property is fitted with prepaid electricity meters and air-conditioning to selected areas.
Location & Locality
Lawrence Rocks forms part of the greater Margate commercial corridor and benefits from consistent vehicular traffic and strong local trade. Marine Drive serves as a key arterial route, offering excellent accessibility and visibility for both pedestrians and motorists.
Conclusion
This strategically positioned commercial property presents a compelling opportunity to acquire a well-located, income-generating asset along Margate’s main road. The combination of strong exposure, existing income, vacancy-driven upside, and established commercial infrastructure supports both immediate returns and long-term investment potential.