Pt 29 (Suite 9), 303 Maroondah Hwy,
Ringwood, VIC 3134

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BANK OF THIS INVESTMENT - WESTPAC

The first floor office of 790 m2 approx is leased to WESTPAC BANKING CORPORATION LTD for $228,000 pa plus outgoings plus GST. The lease term is 5 years with 2 further terms of 5 years commencing 25th July 2008. Annual CPI reviews and a market review at option.

Ringwood has become an important business location as evidenced by recent developments. The development is in close proximity to the recent office projects at 45-51 Ringwood Street, RIngwood and "Oak Tree Plaza" at 2 Nelson Street, Ringwood. The development is located around the corner from Eastland Shopping Centre. The imminent opening of the Eastern Freeway extension makes the area readily accessible to greater Melbourne.

Banksia Business Park comprises a two-storey office building. The development consists of 9 separately titled suites, providing prestigious accommodation.

The property is located on Maroondah Hwy, near the corner of the Eastlink. Main road sites, such as this are extremely difficult to obtain.

A great investment.

Property ID: 5419091Last Updated: 5 Dec 2013

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