Commercial space in Ramsgate

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Positioned in Ramsgate South and very close to the beach, this full-title property offers an excellent investment opportunity with an established rental setup, beautiful sea views and plenty of scope to improve the property further. QuickCMAStand1282LintonRoad11...

The property consists of ten income-generating flats, each offering its own bathroom, kitchen, lounge and private braai area. The accommodation mix includes three one-room flats, five two-room flats and two three-room flats, providing a good variety of rental options for different tenants.

A swimming pool and dedicated pool entertainment area add to the appeal of the property, creating a relaxed coastal lifestyle for residents. The elevated position and proximity to the ocean enhance the property with stunning sea views and easy access to the beach.

Additional improvements include a workshop, staff accommodation, storerooms and ample parking for residents and visitors. The property is fully walled and secured with an electronic entrance gate.

The buildings still require some cosmetic repairs and general upgrading. This creates an opportunity for the new owner to improve the presentation of the flats, strengthen the overall rental offering and potentially achieve higher rental returns over time.

With ten existing income-producing units, individual braai areas, communal leisure facilities, sea views, secure parking and a location close to the beach, this property offers strong potential for an investor looking for an established rental property with further upside.

BLUE CANYON PROPERTIES 71 PTY LTD trading as REMAX Coast and Country Shelly Beach operates in terms of a franchise agreement with REMAX of Southern Africa.