CPG are pleased to present for sale the opportunity to secure an economical main road freehold investment sitting on 240m²* of total land with a 115m²* building that has ample future development upside and current rental income.
Situated in the heart of Sans Souci’s retail strip amongst other notable destinations such as KFC, Crystal Car Wash, McDonalds, Supabarn, 7-Eleven and many more, this property is in prime position to capitalise on Sans Souci, Ramsgate, and Ramsgate Beach’s growing retail and residential presence being adjacent to 2 new significant residential unit developments.
FEATURES:
- Freehold retail property with mixed use zoning
- Value add opportunity (potential 480m²* building area, currently only 115m²*
- Massive exposure to Rocky Point Road at key intersection opposite major food outlets and services
- Leased to notable tenant “A&V Nails and Beauty”, their second location
- Land area of 240m²*
- Building area of 115m²* comprised of a front retail shop in good condition and a rear studio apartment
- Rear carport for 2 cars with ability to park more
- Rear lane access
- Development potential (STCA)
- Floor space ratio 2:1
- 16m maximum building height
For further information or to arrange an inspection, please contact Ryan McMahon on 0429 228 460 or Jackson Chambers on 0476 001 048.
*Approximate