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400m² Apartment Block For Sale in Ramsgate

R6,500,000

Web Ref No WCL246

"AS IS" DEVELOPMENT FOR SALE.

An extraordinary investment opportunity presents 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.

Nestled in a peaceful, upmarket 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 penthouse apartments, each crafted to combine modern luxury with expansive, flowing living spaces.
Each penthouse offers:
• 4 spacious bedrooms, each with private ensuite bathrooms
• 2 designer kitchens fitted with premium finishes – ideal for dual-living or catering flexibility
• Expansive open-plan lounge and dining areas, perfect for family living and stylish entertaining
• Private garages, ensuring 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

Zoning Commercial
Floor Size 400m²
Land Size 4,707m²

Broker Contact Details

Peter Stewart
Wakefields Lower South Coast

Cell 064 420 4899
Office (039) 3150555
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