Potential and absolute value

  • R890,000
Ramsgate, Margate, Kwazulu Natal, 4285
Potential and absolute value
Ramsgate, Margate, Kwazulu Natal, 4285
  • R890,000

Overview

Property ID: HZ1303264
  • 3
  • Bedrooms

Description

Exciting Income-Generating Opportunity

Discover the untapped potential of this remarkable three-bedroom, three-bath property with two flats, providing versatile accommodation options catering to various tenants or guests. Including a double garage, ripe for conversion into two additional units, further enhances the income-generating potential of this investment property.

Set in the highly sought-after neighborhood of Ramsgate, this property offers unparalleled views of Southbroom Beach. With its prime location and a myriad of possibilities for income generation, this property presents a rare and exclusive opportunity for savvy investors or those looking to capitalize on the lucrative rental market.

While the property is rich in opportunities for generating rental income or operating as holiday accommodation, it’s important to note that it’s a diamond in the rough. With some tender loving care (TLC) and a vision for refurbishment, this property can be transformed into a profitable venture that offers both financial rewards and a rewarding investment experience.

The allure of this property is not just in its earning potential but also in its desirable location close to Ramsgate and Southbroom Beach. Immerse yourself in the coastal lifestyle that Ramsgate is renowned for. The proximity to the beach, dining establishments, recreational activities, and other amenities ensures that your guests or tenants will have a memorable stay filled with relaxation and enjoyment.

Embrace the potential. Embrace the future. Embrace the opportunity

Please take a look at the video below for a virtual tour.

Viewings strictly by appointment only

  • City Margate
  • State/county KwaZulu Natal
  • Area Ramsgate

Details

Updated on December 30, 2024 at 7:52 pm
  • Property ID: HZ1303264
  • Price: R890,000
  • Bedrooms: 3

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