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R 3 900 000

24 Bedroom Apartment / Flat for Sale in Ramsgate

Margate, Ramsgate

Beds 24 Bathroom 12 parking 12 Erf Size 4 707 m²

Exceptional Investment Opportunity – South Coast Luxury Development

Partially completed complex development for sale AS IS presents an extraordinary investment opportunity itself to visionary builders and property developers. This exclusive, high-end apartment development — conceived with luxury and modern living in mind — is now on the market at a fraction of its bank-assessed value. Currently under construction, this state-of-the-art project is being sold as is, offering a rare chance for an investor or developer to take over, complete, and capitalise on the immense value this development promises. With most of the groundwork already laid, the new buyer can step in and add the final touches to transform this bold vision into a prestigious coastal address. Situated in a peaceful enclave along the scenic South Coast, the development mirrors the prestige and serenity of renowned Zimbali estates. It is designed to meet the demands of discerning homeowners seeking space, security, and sophisticated finishes, all within a tranquil environment. Phase One Highlights: The first phase of the development comprises four exquisite 375 sq meter penthouse apartments, each crafted to combine modern luxury with expansive, flowing living spaces. Each penthouse when completed offers the discerning buyer: • 4 spacious bedrooms, each with private ensuite bathrooms that needs to be completed and if completed will attract immense interest. • 2 designer kitchens that if completed and fitted with premium finishes should be ideal for dual-living or catering flexibility • Expansive open-plan lounge and dining areas once completed with proper finishing should be perfect for family living and stylish entertaining • Private garages situated at the bottom of the units once completed should ensure adequate security and convenience The development’s elevated position promises privacy, views, and a calm atmosphere – perfect for luxury coastal living or high-end holiday letting. Investment Potential: Whether your intention is to complete and sell at a premium, retain as a boutique luxury rental, or expand the development further, this opportunity delivers versatility and long-term value. With luxury apartments in the area in high demand, the return on investment is not only feasible but potentially remarkable. Don’t miss this chance to step into a partially completed, elite development in one of the most desirable destinations on the South Coast. Projects of this nature — especially at this price point — seldom come to market. Contact us today to secure this incredible opportunity and turn vision into reality.

Features

Bedrooms: 24
Bathrooms: 12
Garages: 12
No Pets Allowed
Garden
Listing Number
116058346
Type of Property
Apartment / Flat
List Date
05 June 2025
Erf Size
4 707 m²
Pets Allowed
No
Bedroom
24, When the Complex of 6 units has been Completed ...
Bathrooms
12, When the complex of 6 units is completed the un...
Kitchens
6, Once the complex has been completed it will hav...
Reception Rooms
12
Garage
12,
Garden
Yes
Roof
Iron
Wall
Brick

Education

South Coast Academy
3.32km
Bashise Primary School
4.64km
Imbizane Primary School
4.70km
Mlonde H
5.41km
Margate Primary School
5.44km
Dlukulwane Primary School
5.44km
Mhlabuhlangene Js
5.44km
Mthombothi Primary School
6.03km
Delihlazo Cp
6.18km
Mashesha Js
7.56km
Mhlabulungile Primary School
7.77km
Mbambi H
7.81km
Gcilima Primary School
7.94km
Margate Middle School
8.02km
Phathwa S
8.04km
Nositha Primary School
8.13km
Isikhuthali Primary School
8.26km
Dingeton Combined Primary School
9.21km
Buhlebezwe Sp
9.79km
Khaba Js
10.53km
Sithanduxolo Js
11.13km
Mambhongweni Primary School
11.43km
Dubuleka Primary School
11.87km
Kwamasosha S
11.92km

Sports and Leisure

Margate Caravan Park
5.76km

Transport and Public Services

Margate United Church
7.06km