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165 Wonga Road Ringwood, VIC 3134

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165 Wonga Road,
Ringwood, VIC 3134

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Map of 165 Wonga Road

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High Yielding Landbank Opportunity

  • Huge Site Area of 3,010sqm approx.
  • 5 x 5 Year Lease to Established Tenant
  • Excellent Future Upside
• Desirable location abutting Quambee Reserve
• Long standing 20 bed residential accommodation facility
• 5 + 5 year lease to L’abri SRS
• Returning: $87,142 per annum plus outgoings and GST
• Significant site area of 3,010sqm approx.
• Large on site car park
• Positioned within General Residential Zone - Schedule 1 (GRZ1)
• Strong future development potential (stca)
• Rare opportunity to acquire substantial site with strong passing income and future upside, located in rapidly emerging location approximately 25km north east of the Melbourne CBD

Additional information

Property ID: 502143746Last Updated: 13 Jan 2017

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165 Wonga Road
Ringwood, VIC 3134

Detailed listing

Fitzroys - Melbourne
Level 27, 360 Collins Street
MELBOURNE, VIC 3000

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