Shop 8, 204 Warrandyte Road, Ringwood North, VIC 3134

Investment | Other

Sold

  • Property ID: 246021
  • Floor Area: 72m²
  • NBN Availability: Not Currently Available
  • Cafes: 5 nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Shop 8 Sold 06/04/2017 72m2 N/A Contact Agent
Retail Investment to Spice up Your Portfolio!

CVA Property Consultants are pleased to offer this outstanding investment for Private Sale.
Oban Road corner exposure is a feature of this retail property, leased and operating as asian style restaurant A'lin's Kitchen. Situated within the thriving North Ringwood Shopping Centre anchored by Ritchies Supa IGA supermarket, Dominos Pizza, Bakers Delight, Anytime Fitness, ANZ and Commonwealth Banks.

- Tenant operating as A'lin's Kitchen and established for 16 years*
- Rental $51,802.44 per annum (Gross rental)
- Lease 5+5+5+5 years
- Commenced 1st August 2016

This sought-after shopping centre is prominently situated at 204 Warrandyte Road corner Oban Road, Ringwood North, approximately 25 km North East of the Melbourne Central Business District. The location features an established residential population and is 2.5kms* from Eastland Shopping Centre, Ringwood Public Transport hub and Ringwood Bypass / Eastlink.

Inspections available by appointment through exclusive sole agents.

* approximately

Additional Information
Features
  • Zoning: Commercial 1
  • Lease Term: 5 + 5 + 5 + 5 years
  • Rent Review: 3% Annual increases
  • Car Spaces: Ample on site
Ringwood North Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $400 ---
Retail $8000 --- ---
This is the average advertised price, rent and yield for Ringwood North, VIC 3134*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Cafes - Number of cafes located within 500 metres of Shop 8, 204 Warrandyte Road, Ringwood North, VIC 3134. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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