R 1 265 000 | building property for sale in ramsgate

This unique 394m2 ground floor property is zoned Medium Impact Industrial in the heart of the beautiful coastal village of Ramsgate on the KZN South Coast. Direct access from the R102 Provincial Road and only 100 meters from the N2 link access road makes the provincial hub of Durban 150km (An hour and ten minutes) and provincial international airport King Shaka 176km (An hour and a half) away. The N2 to Harding, Kokstad and the Eastern Cape is accessed just as easily making this property superbly located for deliveries or distribution. Permitted uses under the Zoning are as follows: - Business; - General Industrial Building; - Light Industrial Building; - Professional Office; - Service Industrial Building; - Storage Warehouse; & - Wholesale Warehouse; Plus - A portion can be converted for use as a dwelling house for a Caretaker/Manager too! There are a host of other uses permitted with written or special consent. The premises are alarmed and have 3 Phase Eskom power supply and the electricity and water are separately metered and charged with the monthly Body Corporate levies. For investment purposes this presents a superb opportunity to generate a yield well above any market benchmark. Conversely a purchase for own use presents a large square meterage with extremely low monthly basic costs. The digital infrastructure is well established with great LTE coverage. Fibre has been laid in the area and this will be available in the very near future. There is a reason why the property has been utilised by the same owner for over 30 years! This property seriously won't be available for long so call me to view! Ramsgate is also a Special Rating Area, with its own Non-Profit Company (The Ramsgate Urban Renewal Project) providing transparency and good governance oversight of the use of the funds collected monthly in addition to the rates paid by each property owner. The bulk of the funds has been channelled to give operational sustainability and growth potential to the Ramsgate Community Policing Forum which has proven itself supremely effective in supporting the South African police Services in combatting crime in the area.