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Gorman Commercial Real Estate

144 Maroondah Highway Ringwood, VIC 3134

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144 Maroondah Highway,
Ringwood, VIC 3134

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Gorman Commercial Real Estate
Dean Alexander
Tom Maule

Gorman Commercial Real Estate

L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123
Gorman Commercial Real Estate
144 Maroondah Highway
Ringwood, VIC 3134

Map of 144 Maroondah Highway

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AFFORDABLE HIGH PROFILE RETAIL FREEHOLD

Gorman Commercial is pleased to offer 144 Maroondah Highway Ringwood for private sale.

Acquire this impeccably presented main road building with new 3-year lease in place.

Key Features Include:

* Income: $30,000 pa + GST + outgoings
* New 3 year lease commencing 15th April 2025
* CPI annual increases
* Building area: 88 sqm approx.
* Land area: 80 sqm approx.
* Zoning: Activity Centre Zone

Located in close proximity to Eastland and the Ringwood CBD and within walking distance to the new Ringwood railway station. This high-profile building is extremely well located with an excellent income stream.

Ringwood, 3134 demographic data

The median household income for Ringwood is $1,654, 13% lower than Greater Melbourne's household income of $1,901. Ringwood has an older age profile compared to the rest of Greater Melbourne (median age 38 vs 37). Property ownership data shows 54% of property owners in Ringwood have a mortgage.

19,144
Population
$1,654 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households

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