Added 1 day ago
56 & 58 Charter Street,
Ringwood, VIC 3134
Warehouse, Factory & Industrial • Development Sites & Land • Shops & Retail
Added 1 day ago
Price information
Sale
Contact Agent
Key property information
Land area
Floor area
Car spaces
Property extent
Zoning
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$167,000
Number of Tenants
2 Tenants
Tenants / Type
ASX Listed
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to arrange a private inspection.
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CASH IN NOW – DEVELOP LATER
- 8 STOREY DEVELOPMENT OPPORTUNITY (STCA)
- $167,000 pa NET RETURN
- BLUE CHIP TENANTS
GA Industrial & Commercial is pleased to offer 2 premium sites, 2 titles on combined 1,806 SQM of land and one sale, as a secure investment with great future development opportunity in Ringwood’s best.
First time ever on market, and situated in the Activity Centre Zone 2, (ACZ 2), this investment site has multi use development potential of up to 8 storeys, including commercial, retail and/or residential (STCA).
Perfectly positioned within the Ringwood business precinct, next door to Ringwood Square, Bunnings and Costco, and only a few hundred metres away from Eastlink, Maroondah Highway and Eastland, the sites provide a strong rent return and incredible future development upside.
With tenants such as Burson Automotive, part of ASX listed Bapcor and Tankards Auto Repairs, in business for over 40 years, having long leases with 3% annual rent increases, this asset offers significant capital growth potential.
Key features:
• Zoned ACZ 2 - up to 8 storeys high (STCA)
• Land size 1,806 sqm *
• Building Size 1,150 sqm *
• Net Income rent $167,000 Plus GST
• Outgoings payable by tenants
• 25 carparks
• 2 secure tenancies
• 3 Phase power
Information Memorandum, Planning Report and Contract of Sale available on request
Contact Gabriela Ammendola for further information
(approx. *)
First time ever on market, and situated in the Activity Centre Zone 2, (ACZ 2), this investment site has multi use development potential of up to 8 storeys, including commercial, retail and/or residential (STCA).
Perfectly positioned within the Ringwood business precinct, next door to Ringwood Square, Bunnings and Costco, and only a few hundred metres away from Eastlink, Maroondah Highway and Eastland, the sites provide a strong rent return and incredible future development upside.
With tenants such as Burson Automotive, part of ASX listed Bapcor and Tankards Auto Repairs, in business for over 40 years, having long leases with 3% annual rent increases, this asset offers significant capital growth potential.
Key features:
• Zoned ACZ 2 - up to 8 storeys high (STCA)
• Land size 1,806 sqm *
• Building Size 1,150 sqm *
• Net Income rent $167,000 Plus GST
• Outgoings payable by tenants
• 25 carparks
• 2 secure tenancies
• 3 Phase power
Information Memorandum, Planning Report and Contract of Sale available on request
Contact Gabriela Ammendola for further information
(approx. *)
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Property ID: 504700216Last Updated: 30 Sep 2024
GA Industrial & Commercial Pty Ltd - BRAESIDE
2/241 Governor RoadBRAESIDE, VIC 3195
04236301...
56 & 58 Charter Street
Ringwood, VIC 3134
GA Industrial & Commercial Pty Ltd - BRAESIDE2/241 Governor Road
BRAESIDE, VIC 3195
BRAESIDE, VIC 3195
