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615 Rambler Road, Ramsgate, Margate, KwaZulu-Natal
R 2 700 000
An Investor’s Lucky Token! A fantastic investment opportunity with excellent rental potential and room for future development. This well-positioned property features four identical, spacious two-bedroom units, making it an ideal opportunity for investors looking to generate a steady rental income or capitalise on the growing demand for holiday accommodation. Each unit is thoughtfully designed with well-built built-in cupboards in both bedrooms, while the kitchens feature modern built-in cupboards, combining functionality with a contemporary touch. The generous interior spaces provide comfortable living, while the expansive outdoor areas offer plenty of room for future development and value addition. The two downstairs units each have their own private backyard, while the upstairs units boast balconies, providing additional outdoor living space. The property itself sits on a generously sized stand with ample yard space, offering exciting possibilities for further expansion or development. Location is another major advantage. The property is situated directly behind a shopping centre, providing convenient access to everyday amenities, while the popular Blue Lagoon Beach is less than 2 km away—a major attraction for holidaymakers and long-term tenants alike. Whether you're looking to establish a holiday rental business, long-term rental portfolio, or simply secure a property with strong development potential, this property offers versatility, space and an enviable location. Four units. Great location. Spacious property. Multiple income possibilities. Plenty of development potential. This could be the investment opportunity you've been waiting for!
Estimated monthly repayment
R 25 497
on a R 2 430 000 bond over 20 years at 11.25%
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615 Rambler Road, Ramsgate, Margate, KwaZulu-Natal
Listed by
David Naidoo
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