40 Panfield Avenue, Ringwood, VIC 3134

Offices | Retail

For Sale $615,000 - $650,000

  • Property ID: 439833
  • Floor Area: 50m² - 60m²
  • Land Area: 183m²
  • Occupancy: Vacant
Vacant Possession With Approved Plans Ready For Transformation

On offer with vacant possession, this brightly lit retail space sits in a prime position, capturing foot traffic from the local favourite, the Leaf and Vine café, as well as from Norwood Secondary College and Mullum Primary School. Ample on-street parking enhances the location’s appeal and accessibility. The premises features a spacious showroom, a large storage area, and an expansive rear yard with secure gated access that accommodates both cars and trucks.


Pre-approved plans and permits are in place for redevelopment, which envisions a contemporary retail setup with a showroom, toilet facilities, kitchenette, storage room, and designated bin storage area. Off-street parking for three vehicles is an added bonus.

This property offers a standout opportunity for owner-occupiers and investors alike, ready for immediate operation or to be totally revamped, leveraging the prospects for business growth.

- Brightly lit retail space in prime location
- High foot traffic from schools and the popular nearby café

- Ample on-street parking enhances accessibility
- Spacious showroom, large storage, secure yard
- Approved plans for a contemporary retail redevelopment

Please contact Anthony Treeby on 0411 558 993 for further details.
Visit www.treebyfirstnational.com.au to see our commercial properties!

Ringwood Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $4311 $315 7.31%
Retail $8154 $301 3.70%
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 Offices 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.

Property Detail Notes:

  • 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)
×