144 Maroondah Highway, Ringwood, VIC 3134

Retail

For Sale

Expressions Of Interest

  • Property ID: 443032
  • Floor Area: 88m²
  • Occupancy: Tenanted
MAIN ROAD RETAIL OPPORTUNITY

Appleby Commercial is pleased to offer 144 Maroondah Highway, Ringwood to the market for sale by Expressions of Interest with offers closing Thursday 2nd May at 2pm (unless sold prior).

Ideally located on busy Maroondah Highway adjacent to Ringwood Train Station and a 2 minute walk to Eastland Shopping Centre, this property is currently leased to a Real Estate Office until the 14th April 2025 with no further options offering flexibility to invest now and occupy later.

PROPERTY FEATURES:
- Floor area: 88m2 (approx.)
- Currently returning: $30,983.40 P.A. + GST & Outgoings
- Lease expires: 14th April 2025 (no further options)
- Close proximity to Eastlink
- Activity Centre Zone

For further information or to arrange an inspection contact Appleby Commercial on (03) 8727 9555.

Additional Information
Features
  • Availability: 30/60 days
  • Lease Term: Three (3) years
  • Rent Review: N/A
  • Condition: Very Good
  • Air Conditioning: Yes
Outgoings
  • Water Rates: Tenant Pays
  • Council Rates: Tenant Pays
Ringwood Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $8154 $301 3.70%
Industrial $4480 $197 4.41%
Offices $4787 $315 6.59%
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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  Appleby Real Estate

 

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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.
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