20, 42 New Street, Ringwood, VIC 3134

Retail

Sold $525,000,550,000

  • Property ID: 420607
  • Floor Area: 82m²
  • Land Area: 82m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 82m2 82m2 N/A
HUNGRY FOR THE RIGHT PROPERTY!

Treeby Commercial Real Estate is pleased to offer 20/42 New Street, Ringwood.

This one is a little beauty! Long term tenancy and a destination place for a lot of local business. Offering 83sqm this neat cafe is light and bright.

Lease Terms:
Tenant ‘Cheeky Challa’
$26,096 P/A. Current rent plus outgoings and GST
3+3 year
CPI Annual increases
Key Features:
+ Excellent Signage with Street Frontage
+ Building area of 83sqm
+ Abundance of Natural Light
+ Open plan layout
+ Car spaces onsite

Well Located in Ringwood most sought after location near Eastlink Freeway, Costco Development and Ringwood Railway station.

A great chance to buy an affordable commercial investment.
Please contact Anthony Treeby for inspection 0411 558 993.

Ringwood Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $8154 $301 3.70%
Offices $4787 $315 6.59%
Industrial $4480 $197 4.41%
This is the average advertised price, rent and yield for Ringwood, VIC 3134*
Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* 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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  Treeby Commercial Real Estate

 

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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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