Seaside investment in quiet Ramsgate, minutes from beaches and shops, featuring a covered entertainment area with cascading children's pool and braai — five apartments totaling 15 bedrooms, 11 bathrooms.
This investment property is situated in the ever popular, quiet residential suburb, of Ramsgate, close to all amenities. 3 storey building, consisting of 5 separate, well fitted and updated apartments, totalling 15 bedrooms, 10 bathrooms, 6 lounges, 5 dining areas and 5 kitchens. All apartments are well sized, fully tiled, nice kitchens with granite tops and the bathrooms are all modern and well fitted. All move in ready and furnished (except the owners apartment) There is loads of parking space, a workshop in progress with a room and bathroom. There is a lovely covered entertainment area (perfect for meetings) with a children’s pool which cascades into the main pool, and a built in braai area as well; makes this perfect space for entertaining. Under the building is a large basement, which is a perfect storage area. This unique opportunity to own such a potential income generator doesn’t come around often. This apartment block is perfect for rentals, permanent or holidays, wellness centre, rehab centre, boutique hotel, or even for a large family to buy it, one apartment for each member! It is a short drive to all the shopping centres, and a mere 2 minute drive to the fabulous beaches, with a ski boat launch site on your doorstep. Contact us today to view!!!
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This property has a feature that is uncommon among 5+ bedroom houses. Insight based on active listings currently advertised on MyProperty.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R4,980,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 33 listings in Ramsgate
Insight
Priced above the median for similar properties in the area.
Similar properties pricing
Market depth
33 similar listings
Medium similar-home inventory in Ramsgate
Median time on market: 228 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.