Ramsgate. Holiday Accommodation or Business opportunity

R 3,950,000

Can I afford this?
14 days ago37 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):800
Parking:Garage
Description
This opportunity is for two properties and can be used as two entities or combined as one. There is enough accommodation here for a holiday resort close to the sea. Here, you are about 2 minutes from the main Ramsgate Blue Flag beach.
The property is large and situated on over 4000m sq. There is a pool for those nice hot summer days. With plenty of garaging and parking  as well as two braai areas. The one building has a concrete roof so there is ample space to expand to the top to add to the existing 13 rooms.
With a little bit of TLC this property could once again become a profitable business and a great holiday destination in our lovely, safest little village of Ramsgate.

Has Pool
Property Reference #: 7002001-9189

Agent Details:
Alet Smit
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274222110
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Estimated monthly repaymentR 42,807
Total property loan amountR 3,950,000
Total interestR 6,323,543
Total repaymentR 10,273,543
Interest rate at 11.75% for 20 years *
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EXP Realty
Selling for 2+ years
Total Ads7.26K
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