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Ramsgate, Ramsgate, Margate, KwaZulu-Natal
R 3 900 000
Partially completed complex development for sale AS IS presents an extraordinary investment opportunity itself to visionary builders and property developers. This exclusive, high-end apartment development — conceived with luxury and modern living in mind — is now on the market at a fraction of its bank-assessed value. Currently under construction, this state-of-the-art project is being sold as is, offering a rare chance for an investor or developer to take over, complete, and capitalise on the immense value this development promises. With most of the groundwork already laid, the new buyer can step in and add the final touches to transform this bold vision into a prestigious coastal address. Situated in a peaceful enclave along the scenic South Coast, the development mirrors the prestige and serenity of renowned Zimbali estates. It is designed to meet the demands of discerning homeowners seeking space, security, and sophisticated finishes, all within a tranquil environment. Phase One Highlights: The first phase of the development comprises four exquisite 375 sq meter penthouse apartments, each crafted to combine modern luxury with expansive, flowing living spaces. Each penthouse when completed offers the discerning buyer: • 4 spacious bedrooms, each with private ensuite bathrooms that needs to be completed and if completed will attract immense interest. • 2 designer kitchens that if completed and fitted with premium finishes should be ideal for dual-living or catering flexibility • Expansive open-plan lounge and dining areas once completed with proper finishing should be perfect for family living and stylish entertaining • Private garages situated at the bottom of the units once completed should ensure adequate security and convenience The development’s elevated position promises privacy, views, and a calm atmosphere – perfect for luxury coastal living or high-end holiday letting. Investment Potential: Whether your intention is to complete and sell at a premium, retain as a boutique luxury rental, or expand the development further, this opportunity delivers versatility and long-term value. With luxury apartments in the area in high demand, the return on investment is not only feasible but potentially remarkable. Don’t miss this chance to step into a partially completed, elite development in one of the most desirable destinations on the South Coast. Projects of this nature — especially at this price point — seldom come to market. Contact us today to secure this incredible opportunity and turn vision into reality.
Estimated monthly repayment
R 36 829
on a R 3 510 000 bond over 20 years at 11.25%
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Ramsgate, Ramsgate, Margate, KwaZulu-Natal
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Amahle Mokoena
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