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5 Bedroom Freehold For Sale in Ramsgate
R1,350,000
Monthly Bond Repayment R13,705.59
Calculated over 20 years at 10.75% with no deposit.
Web Ref No RL2277
Investment Gem on the Ramsgate-Margate Border
Situated on the desirable Ramsgate-Margate border, this versatile property offers the perfect blend of convenience and tranquility. Enjoy quick access to the vibrant heart of Margate, including the Business Hub and popular Main Beach, while also benefiting from the peaceful, nature-rich setting of Ramsgate.
The property features one large house that has been expertly divided into four separate rental units, each with its own private entrance and tenant. This setup offers an excellent investment opportunity with solid rental income already in place. The current tenants are respectful, long-term, and willing to continue their leases—making it an ideal, hassle-free option for any investor.
Each unit enjoys its own cornered-off space, ensuring privacy and independence, while the spacious grounds provide ample parking for all residents. This unique layout minimizes interaction between tenants while maintaining a friendly, cooperative atmosphere.
Whether you're looking for an income-generating asset or a long-term investment, this well-positioned property delivers on space, return, and location.
The property features one large house that has been expertly divided into four separate rental units, each with its own private entrance and tenant. This setup offers an excellent investment opportunity with solid rental income already in place. The current tenants are respectful, long-term, and willing to continue their leases—making it an ideal, hassle-free option for any investor.
Each unit enjoys its own cornered-off space, ensuring privacy and independence, while the spacious grounds provide ample parking for all residents. This unique layout minimizes interaction between tenants while maintaining a friendly, cooperative atmosphere.
Whether you're looking for an income-generating asset or a long-term investment, this well-positioned property delivers on space, return, and location.
Features
Bedrooms 5
Security Yes
Bathrooms 5
Flatlet 4
Recep. Rooms 4
Study 1
Garages 1
Land Size 1,227m²
Carports/Parkings 4
Pets Allowed Yes
Security Yes
Bathrooms 5
Flatlet 4
Recep. Rooms 4
Study 1
Garages 1
Land Size 1,227m²
Carports/Parkings 4
Pets Allowed Yes
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