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Listing ID: 4107757



Hayden Bennett

m: 0477 665 455

p: 02 8316 0218


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Damen Astey

m: 0431 817 616

p: 02 8316 0201


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For Sale


Bank on 6.25% Net Return – Beach Side Retail


Address:
Shop 17/191 Ramsgate Road RAMSGATE BEACH
Description:
Situated within the heart of Ramsgate Beach shopping precinct is this ground floor 70m² retail shop. The property is currently occupied by St. George Bank and leased until October 2019 plus two x 5 years options.

Features:
* 70m² retail shop
* Air-conditioning throughout
* Kitchenette facility
* Shared toilet amenities
* Signage allocation on the building façade
* Ample on-site parking
* A thriving precinct providing a diverse range of retail and commercial enterprises
* Current rental of $60,971.34 pa Net + GST approx (tenant pays outgoings)

Ramsgate Beach Plaza provides a combination of food users, retail and professional office suites with brands including IGA, TAB, Plus Fitness 24/7 along with many other great businesses.

To find out more information regarding this exciting opportunity in Ramsgate Beach, please contact Hayden Bennett on 0477 665 455 or Damen Astey on 0431 817 616.
Usage:
Retail/Office
Retail Size:
70 m2 approx
Property Size:
70 m2 approx
Sale Price:
$975,000.00
Outgoings:
$15,979.71 pa approx  
Parking:
Ample Public Parking  
Occupancy:
Tenanted Investment  
Availability:
Now
GST:
Unless otherwise stated, all prices quoted are exclusive of GST.