Ramsgate · Margate · House
R 1 100 000
Fixer Upper - Investment Opportunity with Income Potential – Walking Distance to the Beach! Authority to Sell Calling all investors and renovators! This spacious property offers endless potential and is perfectly positioned within walking distance of the beach, shops, doctors, and pharmacies. The main house features 3 bedrooms, 2 bathrooms, and large open-plan living areas, providing plenty of space for comfortable family living. While the property is a fixer-upper and requires some TLC, it presents an excellent opportunity to add value and create your dream coastal home. Adding to its appeal are two separate 1-bedroom flats, each complete with its own bathroom, lounge, and kitchen. Both flats are currently generating rental income, making this an attractive investment from day one. Current rental income of R7500-00 ? Property Features: • 3-Bedroom Main House • 2 Bathrooms • Spacious Open-Plan Living Areas • 2 x Separate 1-Bedroom Flats • Each Flat Includes a Bathroom, Lounge, and Kitchen • Existing Rental Income from Both Flats • Walking Distance to the Beach • Close to Shops, Doctors, and Pharmacies • Excellent Investment Potential • Fixer-Upper with Plenty of Opportunity to Add Value Whether you're looking for an investment property, a dual-living setup, or a project with rewarding potential, this property is worth viewing. ?? Contact us today to arrange a viewing and discover the possibilities!
Estimate your monthly repayment. Indicative only.
Ramsgate, Margate, South Africa