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Ramsgate, Ramsgate, Margate, KwaZulu-Natal
R 4 885 000
Make your money work for you! This unique property offers not only a stunning vistas but also income-generating potential as an established holiday letting business comprising five furnished self contained units. Nestled within a fully walled compound for privacy and security, this property boasts a range of features designed to maximize both comfort and peace of mind. The accommodation itself is divided into five distinct units, offering flexibility and variety to suit a range of needs. The first three units form a cohesive block, with two one-bedroom units on the lower level and a spacious two-bedroom unit occupying the entirety of the top level. This top-level unit is a standout feature, offering not only ample living space but also a private balcony boasting breathtaking views of the ocean. In addition to the main block, there are two standalone units, one with a single bedroom and the other two, both with their own unique charm. The fifth unit, positioned atop the hill, commands the best sea view of all and is the largest of the bunch. Complete with a double carport and an exclusive use garden, this unit presents an ideal opportunity for comfortable living combined with lucrative rental potential. Currently, all five units are rented out full-time, providing a steady stream of income for the owner. However, with the owner's property next door also for sale, for those with an eye for investment or development, the possibilities are endless. Whether you're a discerning buyer looking for a ready-made business opportunity or a developer seeking to expand on an already successful venture, this property offers fantastic potential. With its prime location, stunning sea views, and established rental income, this property presents a rare chance to secure a comfortable lifestyle by the sea. Don't miss out on this opportunity – schedule your viewing today and prepare to make your dreams a reality!
Estimated monthly repayment
R 46 131
on a R 4 396 500 bond over 20 years at 11.25%
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Ramsgate, Ramsgate, Margate, KwaZulu-Natal
Area view — the exact address is shared on enquiry.
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Fair-value check
Fairly pricedIn line with comparable 7-bed houses for sale in Ramsgate
Based on 16 comparable listings
A market signal from comparable listings — not a formal valuation.
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