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Ramsgate, Ramsgate, Margate, KwaZulu-Natal
R 3 800 000
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.
Estimated monthly repayment
R 35 885
on a R 3 420 000 bond over 20 years at 11.25%
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Ramsgate, Ramsgate, Margate, KwaZulu-Natal
Listed by
Zanele Masilela
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