Income-generating property in Ramsgate with main house, cottage, 9 self-catering units, pool, garages, and tropical garden pathways. Great investment!
This income generating property is located close to the beach, Waffle House and nearby shops, in a nice quiet area of Ramsgate.
Consisting of 2 properties being sold as one entity (2 title deeds) the first is the main house (second floor can be added). Large covered front patio leads to the large open plan lounge, dining and kitchen. There are 3 large bedrooms and a full bathroom,
Then at the back of the house is a 2 bedroom cottage which is accessed through the main house with dividing door, it has an open plan lounge and kitchen and is well sized. There is an outside braai area and a double garage servicing this portion, with plenty of open parking.
Through a gate at the back of this property is the large block of accommodation consisting of 9 self catering units, swimming pool, 4 garages and 10 shade net parking bays, There is lovely pathways through the tropical garden with braai area.
This is a popular complex and is well known and supported.
Overall, a good investment with enormous potential for the investor!
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R4,330,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 28 listings in Ramsgate
Insight
Priced above the median for similar properties in the area.
Similar properties pricing
Market depth
28 similar listings
Medium similar-home inventory in Ramsgate
Median time on market: 247 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Ramsgate is a tranquil, scenic coastal village known for its lush subtropical vegetation, pristine Blue Flag beaches, and a relaxed, community-oriented lifestyle perfect for those seeking a peaceful seaside retreat.
* Distances and amenities are approximate.