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23 Bedroom Freehold For Sale in Ramsgate

R8,500,000

Monthly Bond Repayment R89,186.76
Calculated over 20 years at 11.25% with no deposit.

Web Ref No TPR17418

Investors and Developers Dream

Exciting Investment opportunity in Ramsgate, this 2.3 hecters of land available for development, offering a rare change to create a community in this beautiful seaside town. Situated close to the beach and local amenities , this location is perfect for various projects such as a eco-lifestyle village, surrounded by nature trails and birdlife, or a family friendly estate near schools, the possibilities are endless. The property is fully walled and have two entrances one in the national and other in local road. Their are currently multiple dwellings on the property with income generating up to R45 000 per month with potential of additional growth. There is 2 boreholes on the property a huge swimming pool and approved plans for further developments this property boast:

3 x # bedroom, 2 bathroom
1 x 3 berooms, 1 bathroom
Flat: 1 X 3 bedroom, 1 bathroom
2 X 2 bedrooms, 2 bathrooms
1 X 1 bedroom, 1 bathroom
1 X Batchelor apartment
Domestic rooms
Numerous garage and carports
Lots of open land

Features

Bedrooms 23
Security Yes
Bathrooms 15
Flatlet 10
Recep. Rooms 10
Dom. Accom. 1
Floor Size 22,976m²
Garages 5
Land Size 23,066m²
Carports/Parkings 20
Pool Yes
Pets Allowed Yes