245-247 Rocky Point Road
Price: $ 5000000.00
Prime Development Site - Ramsgate
A row of shops, commercial premises and a freestanding house on a level rectangular block of 1,056 square meters, with rear access, in the heart of Ramsgate shopping strip; less than one kilometre from Ramsgate Beach and all the delights of Botany Bay. The site allows for a development of 6-7 levels of mixed uses, predominantly residential apartments (STCA) with FSR 2.5:1. This is an income producing site while development approval is sought; expired or nearly expired leases on the retail and commercial premises. Ideal for small to medium size construction or development companies to keep the wheels turning.
0408 216 979