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Ramsgate, Ramsgate, Margate, KwaZulu-Natal
R 11 000 000
This sprawling plot of 2.3 hectares is one of the few remaining properties that are ready to be developed into retirement homes or units for young families or anything, the choice is yours. Centrally located it is just a few metres away from the beach, schools, Shopping centre, Hibiscus mall and other amenities. There is so much tranquillity here that you may even forget that you are in the suburb. There is a lot of indigenous trees that attract bird life. There are five structures consisting of 10 units altogether already in the land. These structures consist of: One house with three bedrooms, one bathroom and a garage The second house has two units each with its bathroom and undercover parking The third is a double storey ‘Rondavel’ with two bachelor pads. The fourth contains three units of two and three bedrooms with their own garages. The last structure has three units. One with three bedrooms, another with two bedrooms and a bachelor pad. The two units have their own garages. There is a swimming pool in the complex and the gardens are well maintained. All these units are fully tenanted. There is still a huge space of level ground where one can build more units. Call now to view and start additions to this exciting project.
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
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Liivra AI market value
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Fair-value check
Priced highPriced 384% above comparable 4-bed houses for sale in Ramsgate
Based on 57 comparable listings
A market signal from comparable listings — not a formal valuation.
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