64 Maroondah Highway Ringwood is an outstanding opportunity for the astute investor to secure a quality freehold retail investment with prime frontage in the heart of Ringwood and features:
+ New 5 + 5 + 5 + 5 lease to experienced hospitality operator trading as " Fingers Crossed Cafe"
+ Returning $52,000 pa net + GST
+ Annual rent increases
+ Bank guarantee for 3 months rent & Directors guarantee provided as security
+ Approx 140m² of funky retail space
+ Freehold title with land of approx 240 m²
+ New glass shop front, polished concrete floors and rustic timber floors
+ New wiring, new plumbing and new ducted air-conditioning
+ Front & rear access via Right of Way (ROW)
For more details please contact Crabtrees Real Estate today