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EXCEPTIONAL INVESTMENT OPPORTUNITY - SOUTH COAST LUXURY DEVELOPMENT

Partially completed complex development for sale "as is", presents an extraordinary investment opportunity to visionary builders and property developers. This exclusive, high-end apartment development — conceived with luxury and modern living in mind — is now on the market at a fraction of its bank-assessed value.

Currently under construction, this state-of-the-art project is being sold as is, offering a rare chance for an investor or developer to take over, complete, and capitalise on the immense value this development promises. With most of the groundwork already laid, the new buyer can step in and add the final touches to transform this bold vision into a prestigious coast address.

Situated in a peaceful enclave along the scenic South Coast, the development mirrors the prestige and serenity of renowned Zimbali Estate. It is designed to meet the demands of discerning homeowners seeking space, security, and sophisticated finishes, all within a tranquil environment.

PHASE ONE HIGHLIGHTS:

the first phase of the development comprises of four exquisite penthouse apartments, each crafted to combine modern luxury with expansive, flowing living spaces when finally completed.

Each penthouse when completed offers the discerning buyer:
- 4 spacious bedrooms, each with private en-suite bathrooms that need to be completed and if completed will attract immense interest.
- 2 designer kitchens that if completed and fitted with premium finishes should be ideal for dual-living or catering flexibility.
- Expansive open-plan lounge and dining areas once completed with proper finishing should be perfect for family living and stylish entertaining.
- Private garages situated at the bottom of the units once completed should ensure adequate security and convenience.

The development's elevated position promises privacy, views, and a calm atmosphere - perfect for luxury coastal living or high-end holiday letting.

INVESTMENT POTENTIAL:

Whether you intention is to complete and sell at a premium, retain as a boutique luxury rental, or expand the development further, this opportunity delivers versatility and long term value. With luxury apartments in the area in high demand, the return on investment is not only feasible but potentially remarkable.

Don't miss this chance to step into a partially completed, elite development in one of the most desirable destinations on the south Coast. Projects of this nature - especially at this price point - seldom come to market.

Contact us today to secure this incredible opportunity and turn vision into reality.

Features

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Zoning:
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Sizes
Floor Size
2,250m²
Land Size
4,707m²

Ramsgate, Margate

The quaint village of Ramsgate is situated on the KwaZulu-Natal Lower South Coast. A favourite destination of generations of South Africans it has seen seasonal influxes of domestic tourists since the 1950's. It is located at the mouth of the Ibilanhlolo River, meaning "the marvellous boiler", due to the bubbles caused by strong currents. In 1922, a painter and violin maker called Paul Buck opened a trading...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

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MONTHLY REPAYMENTS

 

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Monthly Payment

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