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11 Bedroom Apartment Block For Sale in Ramsgate

R3,800,000


Monthly Bond Repayment R39,223.16
Calculated over 20 years at 11% with no deposit.

Web Ref No RL9013

Income Generator - 2 Properties - Prime Location

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.

Features

Bedrooms 11
Security Yes
Bathrooms 10.5
Flatlet 7
Recep. Rooms 9
Dom. Accom. 1
Garages 4
Land Size 4,156m²
Carports/Parkings 3
Pool Yes
Pets Allowed Yes
Monthly Rates R3,000.00

Agent Contact Details

John Choles
Mandated Property Group

Cell 071 926 6800
Office (010) 1094750
WhatsApp Me
Carolina Choles
Mandated Property Group

Cell 0834250247
Office (010) 1094750
WhatsApp Me

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