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

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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 76.64% increase in median value, while Units have seen a 30.23% increase. As at 30 September 2024:

  • The median value for Houses in Ramsgate is $2,093,573 while the median value for Units is $864,870.
  • Houses have a median rent of $800 while Units have a median rent of $650.
There are currently 4 properties listed for sale, and 1 property listed for rent in Ramsgate on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Ramsgate.

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