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
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
The size of Ramsgate is approximately 0.4 square kilometres. It has 5 parks covering nearly 33.1% of total area. The population of Ramsgate in 2011 was 903 people. By 2016 the population was 1,106 showing a population growth of 22.5% in the area during that time. The predominant age group in Ramsgate is 40-49 years. Households in Ramsgate are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Ramsgate work in a professional occupation. In 2011, 75.9% of the homes in Ramsgate were owner-occupied compared with 68.4% in 2016.
Ramsgate has 854 properties. Over the last 5 years, Houses in Ramsgate have seen a 69.39% increase in median value, while Units have seen a 28.39% increase. As at 31 October 2024:
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