Commercial Property for Sale in Ramsgate

Located in the heart of Ramsgate, this exceptional commercial property offers both prime investment opportunities and luxurious living. With a diverse mix of rental premises and a stunning duplex penthouse, this property is an investor's dream. Commercial Premises: 5 rental units: Currently, 2 of the units are thriving as popular restaurants, while the other 3 are ready for leasing, providing ample opportunity for future tenants.Bakery: A well-established bakery that supplies quality samoosas and eggless biscuits to major retail chains.Residential: Includes a one-bedroom flat, a two-bedroom flat, and staff quarters that comfortably house 7 people. All units are fully equipped with pre-paid meters and their own ablutions, ensuring ease of management and low operational costs.Luxury Duplex Penthouse: Size: A spacious 277 m and sup2; of ultra-modern, luxurious living space.Downstairs: Enter into a grand, open-plan living area with a breathtaking, sparkling white kitchen featuring ample cupboard space, a large kitchen island with beautiful granite countertops, a separate scullery, and a built-in cool room. The large lounge opens to a stunning patio with spectacular sea views.Main Bedroom: A massive bedroom with an en-suite full, modern bathroom. Sliding doors lead to the patio, letting in the ocean breeze and views.Upstairs: 3 spacious en-suite bedrooms, each with access to a balcony that overlooks the ocean. There is also a large lounge/TV room offering additional living space.Investment Potential: Rental Income: This property boasts an impressive potential rental income of R90,000.00 per month, offering a solid return on investment.Additional Features: Plenty of parking, with space available for further expansion of the building.This unique property offers significant growth opportunities, whether you're seeking to capitalize on existing rental income or expand further. Contact me to explore this outstanding investment opportunity.