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6A, 74-82 Maroondah Highway Ringwood VIC 3134

  • Shop & Retail
  • 310 m²
  • For Sale, Please contact agent

BLUE-CHIP INVESTMENT WITH HIGH EXPOSURE

  • $118,560 P.A. PLUS GST (FROM JULY 2021)
  • LEASED TO WELL-REGARDED TENANT
  • HIGH YIELDING INVESTMENT

Colliers International are proud to offer for sale 6A, 74-82 Maroondah Highway, Ringwood with the following key attributes:

- A high exposure retail/office investment situated on the Southern side of Maroondah Highway in the heart of Ringwood.
- Boasting prime 13 metre street frontage (approx.) along Maroondah Highway and 310m²* of NLA comprising a modern fit-out of a reception area, boardrooms, kitchen and bathrooms.
- Securely leased to Hocking Stuart Real Estate, who have been in occupation since 2012 and operate in over 120 offices across the Eastern seaboard of Australia.
- 3 year lease (comm. Dec 2019) with a further option of 3 years, providing strong rental of $118,560 per annum + GST from July 2021.
- 310sqm land holding with enormous exposure to the main thoroughfare of Ringwood.
- Favourable Commercial 1 Zoning with a potential height allowance of 18 metres (STCA).
- Adjoining car parking and surrounded by many national retailers including Bunnings, Baby Bunting, Petbarn, Coles, Costco and Eastland Shopping Centre in close proximity.
- Located in one of Melbournes rapidly growing areas supported by retail and hospitality amenity, education, healthcare and public transport.
- Approximately 22km east of the Melbourne CBD with direct access via Eastlink.
- A fantastic opportunity to purchase a blue-chip investment within a well established, Maroondah Highway, Ringwood.

*Approximate

For Sale by Expressions of Interest closing Friday 11th December at 12 noon.

For further information or to arrange an inspection of the property please contact exclusive selling agents.

Alex Browne +61 418 350 545
Andrew Ryan +61 408 543 527

Property Highlights

Property ID2016627494
Floor Area310 m²
Land Area310 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  12 Nov 2020
Map for 6A, 74-82 Maroondah Highway Ringwood VIC 3134
Map for 6A, 74-82 Maroondah Highway Ringwood VIC 31346A, 74-82 Maroondah Highway Ringwood VIC 3134

Property Highlights

Property ID2016627494
Floor Area310 m²
Land Area310 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  12 Nov 2020
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