$1,750,000

280 Rocky Point Road, Ramsgate, NSW 2217


TWO INVESTMENT OPPORTUNITIES IN ONE!

With a large shop front and kitchen, this commercial property is perfect for any cafe, restaurant, takeaway or retail shop.

Not only is this property great for a commercial shopfront, but it also has two good sized bedrooms, a laundry, the main bathroom, great size backyard with two sheds, and a combined dining and lounge area which is perfect for further investment.

- Located on the very active Rocky Point Road with lots of foot traffic
- Spacious shopfront and commercial kitchen area
- Master bedroom with built-in robe
- Main bathroom with bath
- Large backyard with two storage sheds

Granny Flat
Lease period: 29/03/21 – 26/03/23
Rent: $450 Weekly, $1,955.36 Monthly, $23,464.29 Annually
Bond: $1,800

Shop
Lease period: 01/05/21 – 30/04/23
Option to renew: 1 year
Rent: $31,200 Ex GST annually, $2,600 Ex GST monthly
Rent review: 01/05/22 CPI, 01/05/23 Current Market Rent
Outgoings: 50% of council and water rates, security costs, window cleaning, insurances, repairs and replacement to building, outdoor maintenance including landscaping local government rates and charges 50%, water sewerage and drainage charges including water consumption 50%, public liability insurance 100%, any outgoings listed in the lessor's disclosure statement
Bond: NIL

If you're interested in this rare investment opportunity, then please call for your very own covid safe viewing.
Stewart Maloney 0419 995 713 Chantelle Smith 0418 695 635

PROPERTY FEATURES

  • Close to Schools
  • Close to Shops
  • Close to Transport

Property Info

Municipality
Ramsgate

AUCTION

Saturday, 27 Nov 2021
01:00 pm

NEARBY PROPERTIES

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