R4,980,000

R4,980,000

15 Bedroom Apartment Block For Sale in Ramsgate
15
Bedrooms
11
Bathrooms
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Investors Dream - 5 Apartments With 15 Bedrooms!

Web Ref. RL9017
Land size 2591.00 m²
Monthly Bond Repayment
R49,719.31
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!!!
Monthly Rates R2,500

Features

Interior
15 Bedrooms
11 Bathrooms
5 Kitchens
7 Lounges
5 Dining Rooms
Exterior
10 Parkings (Secure Parking)
5 Flatlets
Pet Friendly
Pool
Security
Domestic Accom
Scenery / Views
Sizes
Land Size 2,591 m²
Listing Info
Date Listed 09-05-25
Time Listed 06:10

Disclaimer

While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.