OFF MARKET

280 Rocky Point Road
Ramsgate NSW 2217

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 342m2
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Property Details for 280 Rocky Point Rd, Ramsgate

Building Type
Land
Land Size
342m2
Local Government
Bayside
Lot/Plan
A/DP374297

Last Listing description (December 2021)

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 History for 280 Rocky Point Rd, Ramsgate, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$1,750,000
23 Nov 2021
Listed for Rent
$360/w
16 May 2014
  • 23 Nov 2021
    Sold for $1,750,000
  • 22 Oct 2021
    Listed for Sale AUCTION
  • 16 Sep 2016
    Sold
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About Ramsgate 2217

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:

  • The median value for Houses in Ramsgate is $2,062,485 while the median value for Units is $870,280.
  • Houses have a median rent of $800 while Units have a median rent of $650.
There are currently 5 properties listed for sale, and 4 properties listed for rent in Ramsgate on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Ramsgate.

Suburb Insights for Ramsgate 2217

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.