R3,800,000

R3,800,000

11 Bedroom Apartment Block For Sale in Ramsgate
11
Bedrooms
10.5
Bathrooms
4
Garages
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Income Generator - 2 Properties - Prime Location

Web Ref. RL9013
Land size 4156.00 m²
Monthly Bond Repayment
R37,938.43
The perfect income generating property close to the beach, shops and Waffle House, in a nice serene area of Ramsgate.
2 properties being sold as one entity (2 title deeds) the first is the main house (second floor can be added). Large covered front patio opens to the large open plan lounge, dining and kitchen. There are 3 large bedrooms and a full bathroom,

Then at the rear of the house is a 2 bedroom cottage which has access through the main house with dividing door, it has an open plan lounge and kitchen. There is an outside braai area and a double garage servicing this portion, with plenty of open parking.
At the back of this property separated by a fence, is the large building consisting of 9 self catering units, swimming pool, 4 garages and 10 shade net parking bays, There is lovely pathways through the tropical garden with braai area.

This is a popular complex and is well known and supported.

Overall, a good investment, with potential for excellent returns.
Monthly Rates R3,000

Features

Interior
11 Bedrooms
10.5 Bathrooms
5 Kitchens
7 Lounges
2 Dining Rooms
Exterior
4 Garages
3 Parkings (Shade Net Covered Parking)
7 Flatlets
Pet Friendly
Pool
Security
Domestic Accom
Scenery / Views
Sizes
Land Size 4,156 m²
Listing Info
Date Listed 08-05-25
Time Listed 10:26

Disclaimer

While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.