Suites 9 & 10, 50 New Street,
Ringwood, VIC 3134

EXPRESSIONS OF INTEREST CLOSING THURSDAY 2ND MAY AT 4PM (UNLESS SOLD PRIOR)

* CURRENTLY RETURNING $96,000 PER ANNUM NET
* NEW LEASE TO ESTABLISHED NATIONAL TENANT - INDIE EDUCATION
* EASY ACCESS TO PUBLIC TRANSPORT AND MAJOR ARTERIAL ROADS

Jellis Craig are pleased to offer for sale via Expression of Interest closing Thursday 2 May at 4pm, this spacious and functional office investment in the heart of Ringwood.

Currently leased to Indie Education as part of their wider Indie College alternative education program, on a new three (3) year lease until October 2026 with further options and currently returning $96,000 per annum net plus GST.

Well positioned on New Street, this office enjoys the benefits of being in a modern building such as onsite secure car parking bays for nine (9) cars, bicycle storage racks, end-of-trip facilities, lift access to all levels, shared conference room on the ground floor, shared bathrooms, a flexible floorplan currently providing for reception / client waiting area, boardroom, multiple offices or meeting rooms and an open plan office / workspace, staff lunchroom, two (2) balconies, and ducted heating / cooling throughout.

All this with the convenience of being set amongst a number of popular national retailers and businesses such as McDonalds, Bunnings, Coles, Aldi, Costco, Genesis Health Club and within just a short walk from Eastland Shopping Centre and Ringwood train station.

Features:

-Returning $96,000 per annum net plus GST
-New three (3) year lease to Indie Education, with further options
-Annual 4% increases, and market review at options
-Tenancy area: 276 sqm (approx.)
-Excellent natural light throughout
-Fitted and functional floorspace
-Ducted heating and cooling
-Shared bathroom facilities, with shower
-Shared conference room on ground floor
-Allocated basement parking bays (9)
-Ample customer parking in immediate vicinity
-Well serviced by train and bus public transport
-Easy access to Maroondah Highway and Eastlink / Eastern Freeway
-Activity Centre Zone 1
-Suitable for variety of uses (STCA)

Please contact the exclusive sales and marketing agent for further information.