Sold

2A & 2B Ramsey Boulevard,
Inverloch 3996, Victoria

360m² land size
264m² building size
Retail

$1,530,000


Property details

2 Shops To Be Sold In One Line | Entry Level

Burgess Rawson in conjunction with Ray White Inverloch, are delighted to offer the property at 2A & 2B Ramsey Boulevard, Inverloch VIC for sale by On Site Auction, at 11.30am (AEDT) on Saturday 27th of January 2024.

• Brand new 5 & 3 year leases to long proven established Pizzeria Restaurant and Beauty Salon
• Net leases with tenants paying all usual outgoings as per lease documents
• Annual CPI rent reviews
• Absolute prime 360sqm retail site in the heart of the Inverloch
• Huge 18.5 metre retail frontage and exposure
• Two retail shops with a combined 264sqm net lettable area
• Beauty Salon includes new immaculate capital-intensive tenant fit-out
• Position perfect adjoining the Esplanade Hotel, with huge foot traffic, and immediately opposite proposed three-level / 42 apartment development
• Central amongst ample council car spaces all within close proximity
• Value add features include rear development land (STCA) subdivision potential (STCA) plus rental upside.
• Inverloch: year-round tourist town, 86 kilometres S/E of metro Melbourne, population 6,526 swelling to circa 25,000+ over summer
• Potential 50% stamp duty savings
• Estimated Net Income $65,031pa

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.


Explore the area


School catchments

  • Inverloch Primary School Primary Prep-6 Government 0.36km
  • St Joseph's School Primary Prep-6 Catholic 11.5km
  • Wonthaggi North Primary School Primary Prep-6 Government 11.9km
  • Wonthaggi Primary School Primary Prep-6 Government 12.5km
  • Kongwak Primary School Primary Prep-6 Government 13.3km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

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