R 4 900 000 | 7 bed property for sale in ramsgate

Property Description


This property is made up of five income holiday cottages as well as an empty stand close close to the beach. It has come on the market as one unit in Ramsgate. There is a marvellous expanse of sea views on the large sloped stand. This property is a good extra income earner for someone retiring to the South Coast, with the empty stand as a good investment for the future. It would also be possible to build other holiday cottages on the empty stand, similar to those already available. The 5 cottages differ on in size, but all of them have street access to Marine Drive and are self-contained units, with one bedroom, one and a half bedrooms and one 2 bed unit. Each has its own kitchenette, bathroom, alarm system (inside & outside) own TV's ceiling fans and covered parking as well as all being furnished. The beach is close walking distant from the property. This is a great investment given the spectacular views. the size of the stand and the proximity of the beach.Its a ideally holiday located in Ramsgate, with access to shops, hospitals, and the nearby Margate airport. The quality of the style of the cottages and the luxurious interior will appeal to the affluent holiday market. The cottages. The cottages and empty stand can be bought as is, but it is also possible to combine this purchase with a beautifully designed double story 3 bed house at the hill top, for more information on marking a combined purchase please contact me. 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 4 900 000

Building Size500 m2

Price Per SQMR 9800 m2

Monthly Rates2167

Type of PropertyHouse

Land Size2394 m2

FurnishedYes

Last Updated15 Aug 2019

Rooms

Kitchen5

Bedrooms7

Bathrooms5

Reception Rooms

Lounges5

Dining Room5

External Features

Outdoor LivingBrick, Plaster & Painted

Carports5

General Features

SecurityYes

RoofingTiled

FlooringTiled

Sea ViewsYes

Property Location


AddressMarine Drive, Ramsgate, Hibiscus Coast, KWAZULU-NATAL, South Africa

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Property Location


Agent

Piet Beukes

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