This property is a lucrative investment opportunity nestled right on the beach, in tranquil setting of Ramsgate on the Lower South Coast of Kwa Zulu Natal this property boasting long-term leases with existing tenants.
Its versatile layout makes it suitable for use as a self-catering guest house or boutique hotel, ensuring a steady stream of income and located to all amenities, restaurants for the guest’s convenience. You looking for an investment property, this is an absolute no brainer.
Here's what sets it apart: • Outdoor Appeal: The property features a stunning swimming pool surrounded by a paved garden, adding to its aesthetic charm. The modern design of the buildings further enhances its visual appeal.
• Variety of Units: With two modern one-bedroom units, each equipped with individual bathrooms, open-plan kitchens, dining areas, and a double carport, and two two-bedroom units with two bathrooms a communal playroom/ reception area laundry and stunning sea views the property caters to diverse tenant needs and could attract a range of clientele.
• Automated Entrance Gates: Offering both security and modern convenience, the automated entrance gates ensure peace of mind for both tenants and investors.
• Ready for Investment: With no further capital outlay required, the property is poised for immediate returns, making it an attractive option for investors seeking quick profitability.
• Investor's Dream: This property is a standout in the market, thanks to its array of features and amenities that appeal to both tenants and potential buyers, making it an investor's dream come true.
• Must-See Property: To truly grasp the value and potential of this property call our agent today for more information and arranging a viewing.
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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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.