R15,920,000
Ramsgate, Margate, KwaZulu Natal, KwaZulu Natal
Commercial Property for sale in Ramsgate, Margate, KwaZulu Natal, 1017 m²
Ramsgate, Margate, KwaZulu Natal, KwaZulu Natal
R15,920,000
Ref:1580870
3Bed
3Bath
1018m²
Type: Commercial Property
Description
This multi-tenanted commercial property in a prime location within Ramsgate, Margate, KwaZulu-Natal offers an exceptional investment opportunity. Spanning a floor size of 1017m² on a 1018m² land size, the building layout is optimized to generate high rental income potential from multiple streams simultaneously.
Prime Location & Investment Highlights
- High Foot Traffic: Perfectly positioned to capture local and tourist traffic.
- Multi-Tenanted Income: Designed for maximum rental yield with several independent commercial, retail, and residential sections.
- Turnkey Infrastructure: Includes backup utilities to ensure continuous business operations for all tenants.
Extensive Commercial & Retail Spaces
- Restaurant Shop 1: Features a formal boardroom and an integrated bar that leads directly into the main shop floor.
- Additional Dining: 2 more restaurant shops, bringing the total to 3 versatile restaurant spaces.
- Ablutions: Dedicated male and female restrooms serving the commercial areas.
- Retail & Production: 1 prominent retail storefront and 1 dedicated operational bakery.
Premium Top-Floor Penthouse
- Living Spaces: Includes 1 spacious lounge into open plan dining room, and a private balcony.
- Kitchen: Dedicated kitchen area.
- Accommodation: 3 bedrooms and 3 bathrooms, ideal for an owner-occupier or high-end residential rental.
Outbuildings, Storage & Infrastructure
- Residential Rentals: 2 separate flatlets to boost steady monthly rental income.
- Staff Quarters: 2 domestic rooms, 1 domestic bathroom, and 1 convenient outside toilet.
- Storage & Utility: 5 individual storerooms and a functional yard.
Technical & Security Features
- Climate & Connectivity: Fully air-conditioned premises equipped with high-speed fibre.
- Security: Integrated CCTV camera system for peace of mind.
- Utilities: Large backup water tank preventing municipal supply interruptions.
Call today for a viewing to better understand this great investment opportunity.
Location
Ramsgate, Margate, KwaZulu Natal, KwaZulu Natal
Data
Object TypeCommercial Property
Purchase PriceR15,920,000
Living Space1017 m²
Plot Size1018 m²
Bathrooms3
Construction YearN/A
ConditionNot specified
Rooms6
Financial Information
RatesN/A
LevyN/A
Special LevyN/A
Listing Agent
