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R 11 500 000

Commercial Property for Sale in Ramsgate

1303 Marine Drive, Ramsgate, Margate

3 285 m²
- m²: 3 285 m²
- Hectares: 0.329 ha
- Acres: 0.812 acres

Contact Broker

Noel Molyneaux

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Commercial investment opportunity

New to the market, the Ramsgate Lifestyle Village situated on Marine drive in Ramsgate offers an outstanding investment opportunity.

The property is home to the popular “ Chefs on Marine” restaurant and a reverse osmosis water shop that feeds the restaurant. There are a further three shops all of which are tenanted. There is potential to add a second restaurant if desired.

There is ample parking to service the complex.

In addition there is a spacious three bedroom, three bathroom apartment currently occupied by the owner.

There is 50 kw Solar system comprising 98 x 550 Watt Solar panels with 12 x 5 Kw batteries. The entire complex can run for three hours on this system.

The property has its own borehole which supplies the complex and is therefore non reliant on municipal water.

More detailed information can be supplies to serious investors

The property...

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Property Overview

Listing Number

115126138

Type of Property

Commercial Property

Street Address

1303 Marine Drive, Ramsgate

Lifestyle

Coastal/Beach

Listing Date

25 October 2024

Erf Size

3 285 m²

Zoning

General Business

Other Features

Special Features

Irrigation with borehole

Points of Interest

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