SOLD
Sold on 09 Dec 2023 for $3,270,000

267 The Grand Parade
Ramsgate Beach NSW 2217

Bedrooms: 6
Bathrooms: 4
Car spaces: 2
Floor area: 122m2
Land area: 792m2
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Property Details for 267 The Grand Parade, Ramsgate Beach

267 The Grand Parade, Ramsgate Beach is a 6 bedroom, 4 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 792m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 6 bedroom House sold in Ramsgate Beach in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
122m2
Land Size
792m2
Local Government
Bayside
Lot/Plan
24/DP17714

Last Listing description (March 2024)

Entertaining a truly premier position and gazing out to the glassy waters of Botany Bay, this Torrens Title property provides a unique purchasing opportunity.

Divided into 4 private residences and comprising of 2 apartment style levels, a studio and granny flat, there is incredible potential for forward-thinking purchasers to add value across a level 778sqm block.

The double brick construction provides a solid base for renovation and further lends itself to investors, multiple family accommodation and owner occupiers seeking further income potential.

Embracing a sought-after beachfront lifestyle, the home is a matter of footsteps from the shoreline, with Ramsgate Beach Plaza just a few minutes' stroll away.

? Current rental income approx. $76,000 per annum
? High raked ceilings, full height windows to facade
? Flexible floorplans allow for reconfigurations
? Versatile balconies to the front take in water views
? Kitchens and living quarters boast water views
? Driveway access to two lock-up garages
? Walk to popular caf?s, dining choices, Coles, IGA
? Surrounded by idyllic beaches, parks, cycle tracks

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Property History for 267 The Grand Parade, Ramsgate Beach, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$3,270,000
09 Dec 2023
Listed for Rent
$255/w
22 Mar 2021
  • 09 Dec 2023
    Sold for $3,270,000
  • 16 Nov 2023
    Listed for Sale Contact Agent
  • 01 Feb 2021
    Listed for Rent - Price not available
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About Ramsgate Beach 2217

The size of Ramsgate Beach is approximately 0.4 square kilometres. It has 5 parks covering nearly 15% of total area. The population of Ramsgate Beach in 2011 was 1,462 people. By 2016 the population was 1,663 showing a population growth of 13.7% in the area during that time. The predominant age group in Ramsgate Beach is 40-49 years. Households in Ramsgate Beach are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ramsgate Beach work in a professional occupation. In 2011, 63.1% of the homes in Ramsgate Beach were owner-occupied compared with 62.1% in 2016.

Ramsgate Beach has 1,317 properties. Over the last 5 years, Houses in Ramsgate Beach have seen a 70.16% increase in median value, while Units have seen a 34.12% increase. As at 30 September 2024:

  • The median value for Houses in Ramsgate Beach is $2,342,169 while the median value for Units is $915,084.
  • Houses have a median rent of $875 while Units have a median rent of $650.
There are currently 6 properties listed for sale, and 6 properties listed for rent in Ramsgate beach on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Ramsgate beach.

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