Shop 23/24, 204 Warrandyte Road, Ringwood North, VIC 3134

Investment | Other

Sold

  • Property ID: 253592
  • Floor Area: 135m²
  • NBN Availability: Not Currently Available
  • Cafes: 5 nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Shop 23/24 Sold 26/09/2017 135m2 N/A Contact Agent
Double the Opportunity Retail Investment!

CVA Property Consultants are pleased to offer this outstanding investment for Private Sale.

Double shop front currently leased to long standing business, North Ringwood Fruit Market providing a stable investment opportunity.

Situated within the North Ringwood Shopping Centre, accompanied by neighbouring tenants including Ritchies Supa IGA supermarket, North Ringwood Meat Supply, Dominos Pizza, Bakers Delight, Anytime Fitness, ANZ and Commonwealth Banks.

- Rental $60,735.36 per annum (Gross rental) (Estimated $50,172.29 per annum net rental)
- Lease 3+3+3+3+3 years
- Commenced 11th April 2015
- Double shop, two titles

This highly sought after shopping centre is conveniently positioned at the corner of Warrandyte and Oban Road, Ringwood North, approximately 25 km North East of Melbourne's CBD. The precinct is situated amongst a substantial residential population and is close to Eastland Shopping Centre, public transport and the Ringwood Bypass/Eastlink.

Inspections available by appointment through exclusive sole agents.

*approximately

Additional Information
Features
  • Zoning: Commercial 1
  • Lease Term: 3+3+3+3+3 years
  • Rent Review: 4% annual increases, Market at options
  • 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 23/24, 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.
LOGIN (Existing Members)
×

REGISTER (New Members)

Already have a CPG account? Login

×
×

×
REGISTER (New Members)
×