Located within the core of Ramsgate’s retail strip is this long time occupied freehold commercial/retail shop providing rear lane access and parking.
* Land area of 301m²
* Building area of 131m²
* Zoned B2 – Local Centre
* Long term tenant
* Current annual rental of $57,165.96 pa + GST
* Future development potential (Subject to Council Approval)
* Off-street parking at rear
* Floor space ratio of 2.5:1
* 21m maximum building height
* Rear lane access
* Conveniently located abutting to Council car park
* Moments from The Intersection Tavern, Westpac Bank & Commonwealth Bank, along with cafes and many our specialty stores and services
Retail property along Rocky Point Road, in particular freehold, is tightly held. This property is ideal for an investment with upside for either redevelopment, amalgamation or refurbishment for the next owner-occupier or tenants alike.
Contact Damen Astey on 0431 817 616 or Ryan McMahon on 0429 228 460 for more information today!
Open for Inspection:
1 to 1:30pm Thursday’s
21st & 28th February & 7th, 14th & 21st March 2019
6pm Tuesday 26th March 2019
223 Belgrave Esplanade
Sylvania Waters NSW 2224