House for sale
Coastal investment in quiet Ramsgate, moments from beaches and ski-boat launch; five furnished apartments around a covered entertainment area with cascading children's pool and built-in braai. Fifteen beds, eleven baths.
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!!!
Matriarch Real Estate powered by Mandated Property Group (Pty)Ltd
Listed for sale at R4,980,000
How does this home’s price compare with similar properties?
Insight
Priced 65% above the local median - and above the typical range in Ramsgate.
Compared with 26 5+ bed active listings in Ramsgate.
Buyers should compare condition, position, views, finishes and floor size before deciding.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Ramsgate is a tranquil and scenic coastal village on the KwaZulu-Natal South Coast, offering residents a relaxed lifestyle defined by pristine beaches, lush subtropical greenery, and a strong sense of community.
