FOR SALE

Secure Retail Investment | Long-Term Lease to Established Business
Shop 4/191 Ramsgate Road, Ramsgate Beach
Price: Contact Agent

Property Size: 121m2

Land Area: 121m2

Property Type: Retail

Zoning: MU1: Mixed Use

CPG is pleased to present this quality 121m²* ground floor retail investment for sale, ideally positioned within the highly sought-after Ramsgate Beach Plaza.

The property is currently leased to a long-standing business, generating a strong net income of $78,785.62 per annum Net + GST, with the current lease secured until 21 September 2029. Offering a combination of secure income, a well-established tenant and a tightly held retail location, this property represents an excellent opportunity for investors seeking a reliable commercial asset with strong long-term fundamentals.

Key Features:

– 121m²* ground floor retail shop
– Leased investment returning $81,149.19 pa Net + GST
– Secure lease in place until 21 September 2029
– Long-standing established business
– Prime position within Ramsgate Beach Plaza
– Large power supply
– Free council customer parking nearby
– Rear lane access providing convenient deliveries and servicing
– Private bathroom facilities
– Attractive opportunity for investors seeking secure long-term income

For further information or to arrange an inspection, please contact Damen Astey on 0431 817 616 or Alex McHardy on 0488 333 341.

*Approximate

Municipality: Bayside Council