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246-248 Rocky Point Road Ramsgate, NSW 2217

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246-248 Rocky Point Road,
Ramsgate, NSW 2217

Development Sites & Land • Shop & Retail • Offices

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Tenanted Investment with Development Upside

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 ID: 503460574Last Updated: 19 May 2020

246-248 Rocky Point Road
Ramsgate, NSW 2217

Agency contacts

Commercial Property Group - Southern Sydney
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Greg Carr
Commercial Property Group - Southern Sydney
246-248 Rocky Point Road Ramsgate, NSW 2217

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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Select agent to call

  • Greg Carr

    Commercial Property Group - Southern Sydney
    0477 *** ***
  • Hayden Bennett

    Commercial Property Group - Southern Sydney
    0477 *** ***