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Ramsgate, Ramsgate, Margate, KwaZulu-Natal
R 11 000 000
This 2.3 ha piece of land is for someone wanting to open an exclusive holiday resort or other opportunities are vast considering the size of land here, in beautiful Ramsgate. This property is just waiting for the right investor. With 10 units already on the property and ample space to add more units or even caravan and camping sites. The garden is landscaped with plenty of natural rock and it has a pool. It is within walking distance to amnesties such as shops and churches. There is also a borehole, so no more worries when there are water issues. The different units are as follows: Investors delight in Ramsgate Unit 1 3 bedrooms with built in cupboards in two rooms. 1 bathroom with separate shower in one of the rooms. Open plan lounge dining room separate kitchen. Unit 2 It is the original house and has 3 bedrooms with a main en suite / bath. The other bathroom has a shower, a large lounge, kitchen and bar area. Rondavel 2 bedroom bachelor unit with shower and downstairs is the living area. Unit 3 Kitchen and lounge with 2 bedrooms, 2 bathrooms 1 with a shower and the other one a bath. Unit 4, 5 and 6. 3 bedrooms with full bathrooms as well as an additional guest toilet. Open plan kitchen, lounge dining area. They come with a garage. Unit 7 and 8 and bachelor flat. 7...... 3 bedrooms, 2 full bathrooms, lounge and kitchen 8..... 3 bedrooms with Main en suite, plus second bathroom. Kitchen, lounge, dining room and laundry. Batchelor / studio. 1 room / kitchen area, bedroom and bathroom with shower. This property would make the perfect school! A must to view for the investor with vision.
Estimated monthly repayment
R 103 876
on a R 9 900 000 bond over 20 years at 11.25%
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Ramsgate, Ramsgate, Margate, KwaZulu-Natal
Fair-value check
Priced highPriced 558% above comparable 3-bed houses for sale in Ramsgate
Based on 62 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Tebogo Mthembu
Unclaimed listing — claim it to verify
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