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Colliers - Melbourne East

6A, 74-82 Maroondah Highway Ringwood, VIC 3134

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6A, 74-82 Maroondah Highway,
Ringwood, VIC 3134

Shops & Retail

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Colliers - Melbourne East
Alex Browne

Colliers - Melbourne East

Level 7, Chadstone Tower One 1341 Dandenong Rd
CHADSTONE, VIC 3148
04183505...
Colliers - Melbourne East
6A, 74-82 Maroondah Highway
Ringwood, VIC 3134

Map of 6A, 74-82 Maroondah Highway

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BLUE-CHIP INVESTMENT WITH HIGH EXPOSURE

  • $118,560 P.A. PLUS GST (FROM JULY 2021)
  • LEASED TO WELL-REGARDED TENANT
  • HIGH YIELDING INVESTMENT
Colliers International are proud to offer for sale 6A, 74-82 Maroondah Highway, Ringwood with the following key attributes:

- A high exposure retail/office investment situated on the Southern side of Maroondah Highway in the heart of Ringwood.
- Boasting prime 13 metre street frontage (approx.) along Maroondah Highway and 310m²* of NLA comprising a modern fit-out of a reception area, boardrooms, kitchen and bathrooms.
- Securely leased to Hocking Stuart Real Estate, who have been in occupation since 2012 and operate in over 120 offices across the Eastern seaboard of Australia.
- 3 year lease (comm. Dec 2019) with a further option of 3 years, providing strong rental of $118,560 per annum + GST from July 2021.
- 310sqm land holding with enormous exposure to the main thoroughfare of Ringwood.
- Favourable Commercial 1 Zoning with a potential height allowance of 18 metres (STCA).
- Adjoining car parking and surrounded by many national retailers including Bunnings, Baby Bunting, Petbarn, Coles, Costco and Eastland Shopping Centre in close proximity.
- Located in one of Melbourne’s rapidly growing areas supported by retail and hospitality amenity, education, healthcare and public transport.
- Approximately 22km east of the Melbourne CBD with direct access via Eastlink.
- A fantastic opportunity to purchase a blue-chip investment within a well established, Maroondah Highway, Ringwood.

*Approximate

For Sale by Expressions of Interest closing Friday 11th December at 12 noon.

For further information or to arrange an inspection of the property please contact exclusive selling agents.

Alex Browne +61 418 350 5...
Andrew Ryan +61 408 543 527

Property ID: 503700190Last Updated: 10 Feb 2021

Colliers - Melbourne East
Level 7, Chadstone Tower One 1341 Dandenong Rd
CHADSTONE, VIC 3148

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