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
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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.
