R 4 500 000
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8063 m² Land available in Ramsgate

1498 beachview grove
8063 m²

Exciting New Estate Opportunity on the South Coast in Ramsgate

Check this out !! Incomplete Sectional Title Scheme in our beautiful Ramsgate. The Developers Dream on our Lower South Coast of Kwazulu Natal. Complete this secure estate which consists of 18 units all with two bedrooms and two bathrooms, lounge, dining room and kitchen with room to extend including ocean views of Ramsgate. Basement parking under all block levels as well as extra carport''s in the plan to be erected. Estimated return on investment around 18 million before costs, pricing each new unit just over the 1 mil mark. A small fortune to say the least. Positioned at the end of a quiet cul de sac and amazing ocean views through the valley. This is definitely the place to be. Estimated rental income alone for all the 18 units reaches a minimum of R 126 00 per month. Just down the road from the beach where the warm indian ocean and white sand embrace your presence. Come and smell the sea and a chance to grab this opportunity while it lasts !! Call me now.

Property details

  • Listing number T3297958
  • Property type Residential Land
  • Erf size 8063 m²
  • Rates and taxes R 1 400

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