CPG

Tenanted Investment with Development Upside

246-248 Rocky Point Road, Ramsgate Sale Price: Contact Agent Back to result(s)

Property Details :

Located within the core of Ramsgate’s retail strip is this long time occupied freehold commercial/residential building with 2 shops and 2 residential units.

This opportunity is ideal for the astute investor looking for a multi-tenanted investment with development upside.

Features Include:
• 2 separate shops
• 2 residential units, 1x 2 bed and 1x 1 bed
• Undercover parking via side driveway
• Rental income of $78,598.08 pa Gross + GST*
• Long-standing tenants
• Zoned B4 – Mixed Use
• Floor space ratio of 2:1
• Value add opportunity
• Moments from The Intersection Tavern, Ramsgate Beach and opposite proposed development for residential towers and major shopping precinct and supermarket

Conceptual plans for a commercial redevelopment are also available upon request. This property is also suited an eventual owner-occupier looking to build their vision.

Contact Hayden Bennett on 0477 665 455 or Greg Carr on 0477 880 576 for more information or to arrange an inspection today!

*Approximate

  • Property Size:443m2
  • Land Area:443m2
  • Parking:2
  • Zoning:B4 – Mixed Use under Rockdale Local Environmental Plan 2011
  • Council:Bayside Council
  • Availability:Sold

Contact Details

Hayden Bennett M: 0477 665 455 E: Email Agent
Greg Carr M: 0477 880 576 E: Email Agent

Office Details

239 Rocky Point Road Ramsgate NSW 2217

Make an enquiry

    Property Details

    Located within the core of Ramsgate’s retail strip is this long time occupied freehold commercial/residential building with 2 shops and 2 residential units.

    This opportunity is ideal for the astute investor looking for a multi-tenanted investment with development upside.

    Features Include:
    • 2 separate shops
    • 2 residential units, 1x 2 bed and 1x 1 bed
    • Undercover parking via side driveway
    • Rental income of $78,598.08 pa Gross + GST*
    • Long-standing tenants
    • Zoned B4 – Mixed Use
    • Floor space ratio of 2:1
    • Value add opportunity
    • Moments from The Intersection Tavern, Ramsgate Beach and opposite proposed development for residential towers and major shopping precinct and supermarket

    Conceptual plans for a commercial redevelopment are also available upon request. This property is also suited an eventual owner-occupier looking to build their vision.

    Contact Hayden Bennett on 0477 665 455 or Greg Carr on 0477 880 576 for more information or to arrange an inspection today!

    *Approximate

    • Land Size:443m2
    • Property Size:443m2
    • Parking:2
    • Zoning:B4 – Mixed Use under Rockdale Local Environmental Plan 2011
    • Council:Bayside Council
    • Availability:Sold
    • GST:unknown

    Contact Details

    Hayden Bennett M: 0477 665 455 E: Email Agent
    Greg Carr M: 0477 880 576 E: Email Agent

    Office Details

    239 Rocky Point Road Ramsgate NSW 2217

    Contact Details

    Hayden Bennett M: 0477 665 455 E: Email Agent
    Greg Carr M: 0477 880 576 E: Email Agent

    Office Details

    239 Rocky Point Road Ramsgate NSW 2217

    Make an enquiry

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