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Property Agents, Managers and Valuers LOCATION The subject property is located on the western side of Rocky Point Road near its intersection with Torwood Street, Ramsgate. This position is near the southern end of the retail strip of Ramsgate. Ramsgate is one of the suburbs that are at the southern end of Botany Bay, approximately 20 kilometres south of Sydney CBD. Ramsgate is a small suburb forming part of the St George area of South Sydney; the western part of Ramsgate is in the Georges River Council area and the eastern side is part of Bayside Council. The suburb comprises mostly residential, low and medium rise; and a retail strip on Rocky Point Road. Location in relation to Botany Bay The majority of the existing development in the suburb is of older style residential and a mix of retail and commercial buildings; however, recent new medium rise developments are transforming the built environment. Modern developments on Rocky Point Road. 3
Property Agents, Managers and Valuers According to the 2016 Australian Bureau of Statistics Census of population; there are approximately 1,100 people usually living in Ramsgate, of which 36% were born overseas. The median age is 43 years, higher than the average age of 38 years in NSW. 21% of the population have a bachelor Degree level or higher, a little lower than the average in NSW. The unemployment rate is very low at 3.7% compared with NSW average of 6.3%. The suburb is well served with schools, hospital, clubs, and parks; public transport is a good network of buses. The subject property is approximately kilometre from Ramsgate beach and the well-developed public parks and walkways along the shores of Botany Bay. Botany Bay public walking and cycling paths LEGAL DESCRIPTION There are two separate lots to the subject property: 245 Rocky Point Rd: Lot 153 DP 805793 247 Rocky Point Rd: Lot 154 DP 805793 Provided in this report is the Deposited Plan from the Land Registry Services NSW on 17 th June 2018; parties relying on this report must obtain a full copy of the title; see attached “Annexure 1”. UTILITIES The subject property has access to all public amenities which include water, sewer, electricity and gas. The property has a frontage to a two way main street with curbs and gutters. To the rear, the property has a council owned lane way terminating at the side boundary of 245 Rocky Point Rd. 4
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- Page 3: Property Agents, Managers and Value
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- Page 30 and 31: 8 Rejection of tender The Tenderee
- Page 32 and 33: SCHEDULE 2 Tenderee’s requirement
Property Agents, Managers and Valuers<br />
According to the 2016 Australian Bureau of Statistics Census of population; there are approximately 1,100<br />
people usually living in Ramsgate, of which 36% were born overseas. The median age is 43 years, higher than<br />
the average age of 38 years in NSW. 21% of the population have a bachelor Degree level or higher, a little lower<br />
than the average in NSW. The unemployment rate is very low at 3.7% compared with NSW average of 6.3%.<br />
The suburb is well served with schools, hospital, clubs, and parks; public transport is a good network of buses.<br />
The subject property is approximately kilometre from Ramsgate beach and the well-developed public parks and<br />
walkways along the shores of Botany Bay.<br />
Botany Bay public walking and cycling paths<br />
LEGAL DESCRIPTION<br />
There are two separate lots to the subject property:<br />
245 Rocky Point Rd: Lot 153 DP 805793<br />
247 Rocky Point Rd: Lot 154 DP 805793<br />
Provided in this report is the Deposited Plan from the Land Registry Services NSW on 17 th June 2018; parties<br />
relying on this report must obtain a full copy of the title; see attached “Annexure 1”.<br />
UTILITIES<br />
The subject property has access to all public amenities which include water, sewer, electricity and gas. The<br />
property has a frontage to a two way main street with curbs and gutters. To the rear, the property has a council<br />
owned lane way terminating at the side boundary of 245 Rocky Point Rd.<br />
4
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