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R 485 000 | retail property for sale in ramsgate

Property Description

The property comprises a ground floor high street access office space in the middle of the Ramsgate CBD. It is built of traditional painted plaster on brick and forms part of a mixed accommodation and commercial sectional title development. The office has existing toilet facilities and an airconditioner. Access to the complex for owners is to the rear and each office comes with rights to secure parking in this area. The Office itself has rear access from the secure parking. There is street front parking directly outside the offices for customers. The complex has two stand alone water storage tanks to ensure continuity of water for sanitation purposes. The total site area comprises of 3970 Square Meters with the office unit at 69 Square Meters. Situated in Ramsgate on the Lower South Coast the complex is close to all the area amenities as well as easily reached from the main N2 highway access to Ramsgate Ramsgate is also designated as a Special Rating Area (SRA) which means that a small portion of the rates paid by each property owner is utilised to provide for security related initiatives within the Ramsgate area. A formal Non-Profit Organisation whose Members are the property owners themselves receive and provide good financial governance for these funds. The Ramsgate Community Policing Forum receives the bulk of its funding in this way and the statistical reduction in crime has been remarkable, both providing a safer more secure area to live and visit for residents and visitors alike, as well as being a major factor in the maintenance of property values which is contrary to the national trends.

Property Details

Purchase PriceR 485 000

Building Size69 m2

Price Per SQMR 7028 m2

Type of PropertyRetail


Land Size3970 m2

Last Updated02 Oct 2020

External Features

Open Parking Bays1

Property Location

AddressFascadale Road, Ramsgate, Hibiscus Coast, KWAZULU-NATAL, South Africa

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Simon Lee


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