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2069 Lynne Street, Ramsgate, Margate, KwaZulu-Natal
R 1 590 000
Coastal Investment Property with Multiple Income Opportunities This four-bedroom Ramsgate residence presents a compelling investment opportunity for those seeking to generate multiple income streams. Located on a substantial 3186 sqm erf with established gardens and sea views, the property combines comfortable family accommodation with distinct revenue-generating potential. The main residence features four bedrooms across two levels, with three bedrooms upstairs and one downstairs. The principal bedroom includes an en-suite, whilst the generous lounge and kitchen provide comfortable shared living spaces. Two upstairs bedrooms benefit from sea views and access to a large deck, creating appealing outdoor entertaining areas. Three full bathrooms service the residence efficiently. The investment appeal extends beyond the main house. A separately accessed office with its own entrance operates independently from the residence, suitable for professional practices, consulting work, or home-based businesses. The property also includes a partially completed flatlet, offering significant potential for completion and adaptation. Once finished, this unit could serve multiple purposes: additional rental income, extended family accommodation, holiday letting, guest quarters, or long-term tenant housing. Key Features Four bedrooms with en-suite in main residence Three bathrooms and four parking spaces Sea views and large entertaining deck Separately accessed independent office Partially completed flatlet with development potential Established gardens on 3186 sqm erf Coastal location in Ramsgate This property offers the rare combination of immediate residential value and structured development opportunity. The separate office and flatlet create distinct income possibilities, whilst the established gardens and sea views enhance the main residence's appeal. For investors seeking to unlock additional value through strategic completion and optimisation, this represents a genuine multi-purpose asset. Contact us to arrange a viewing and explore the full potential of this coastal investment. BLUE CANYON PROPERTIES 71 CC trading as RE/MAX Coast and Country (Southbroom) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 15 015
on a R 1 431 000 bond over 20 years at 11.25%
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2069 Lynne Street, Ramsgate, Margate, KwaZulu-Natal
Liivra AI market value
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Fair-value check
Good valuePriced 29% below comparable 4-bed houses for sale in Ramsgate
Based on 74 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Bongani Pretorius
Unclaimed listing — claim it to verify
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