Shop 20, 204 Warrandyte Road, Ringwood North, VIC 3134

Investment | Other

Sold $430,000

  • Property ID: 285080
  • Floor Area: 60m²
  • NBN Availability: Not Currently Available
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Shop 20 Sold 13/03/2018 60m2 N/A $420,500
Retail Investment. Great Value $430,000!

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

Established tenant for over 15 years, this well known local Deli trading as "Casa Latina" offering a fine range of coffee & international foods, this boutique retail investment is located within the North Ringwood Shopping Centre, featuring fantastic name tenants including Ritchies Supa IGA Supermarket, Dominos Pizza, Bakers Delight, Anytime Fitness,new optometrist, ANZ and Commonwealth Banks.

- Rental $20,208.24 per annum
- Lease 3+3 years
- Commenced 1st December 2016
- Ideal for the first time retail investor

The location features an well established residential population and is 2.5kms* from Eastland Shopping Centre, Ringwood Public Transport hub and Ringwood Bypass / Eastlink.

*approximately

Additional Information
Features
  • Zoning: Commercial 1
  • Lease Term: 3 + 3 years
  • Rent Review: Annual CPI, Market at options.
  • Car Spaces: ample on site for centre
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.
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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™.
  • 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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