Ramsgate 257 Rocky Point Road

High Points

• ‐ Fully tenanted with established occupiers, providing secure rental returns from day one. Currently the property is divided up into three tenancies including seven commercial office suites with breakout area and kitchen, and a residential three-bedroom apartment with separate lounge and dining area.
• ‐ DA approved plans in place for a 365.9sqm modern, architect-designed office building with four car garage, unlocking significant future value.
• ‐ Development upside with the potential to further enhance the site (STCA) to suit a range of commercial or mixed-use outcomes.
• ‐ Prime location situated in a high-exposure position with excellent access to transport, retail, and business hubs.

Property Particulars:

• ‐ LOT 5
• ‐ DP 21753
• ‐ COUNCIL Georges River Council
• ‐ LAND SIZE 436.3sqm
• ‐ ZONING E1 Local Centre
• ‐ PERMITTED USES WITH CONSENT
• ‐ FLOOR SPACE RATIO 2.5:1
• ‐ PERMISSIBLE HEIGHT 21 metres

CURRENT LEASES

• ‐ 1a & 1b Torwood Street, Sans Souci $47,677.44 Inc GST PA (ongoing, no fixed term)
• ‐ 257 Rocky Point Road $26,000 PA

• ‐ Agents Interest