An exceptional investment opportunity awaits in the heart of Ramsgate.

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This expansive and versatile property, formerly known as "de Rust," offers a rare combination of location, layout, and potential. Set on a generous stand with breathtaking breaker views, the property currently comprises a spacious main dwelling upstairs, a large family-friendly ground-floor unit, and seven self-catering flatlets — each equipped with its own kitchenette and lounge area. Whether you're an investor, developer, or someone with a grand vision, this property offers endless possibilities.

The upstairs main unit features an open-plan living area with beautiful hardwood floors, a built-in wooden bar, a full kitchen, and an expansive covered balcony showcasing panoramic ocean views. The ground floor adds further value with additional accommodation and ample entertainment space, including a paved patio and braai area surrounded by established gardens. Two garages and secure parking for up to ten vehicles — including three covered carports — make this property as practical as it is promising.

This unique property presents two exciting future paths. It can be reimagined as a magnificent triple-storey coastal residence, taking full advantage of the views and location to create a one-of-a-kind luxury home. Alternatively, it offers the ideal foundation to restore its legacy as a boutique hotel, with the existing multi-unit layout providing a strong base for guest accommodation. Perfectly positioned in a prime area of Ramsgate, close to the beach, lagoon, and popular eateries, this property is ready to be transformed into something truly special.