Double the Opportunity Retail Investment!

Sale Details

Sold on 26 Sep 2017

Description

CVA Property Consultants are pleased to offer this outstanding investment for Private Sale.

Double shop front currently leased to long standing business, North Ringwood Fruit Market providing a stable investment opportunity.

Situated within the North Ringwood Shopping Centre, accompanied by neighbouring tenants including Ritchies Supa IGA supermarket, North Ringwood Meat Supply, Dominos Pizza, Bakers Delight, Anytime Fitness, ANZ and Commonwealth Banks.

- Rental $60,735.36 per annum (Gross rental) (Estimated $50,172.29 per annum net rental)
- Lease 3+3+3+3+3 years
- Commenced 11th April 2015
- Double shop, two titles

This highly sought after shopping centre is conveniently positioned at the corner of Warrandyte and Oban Road, Ringwood North, approximately 25 km North East of Melbourne's CBD. The precinct is situated amongst a substantial residential population and is close to Eastland Shopping Centre, public transport and the Ringwood Bypass/Eastlink.

Inspections available by appointment through exclusive sole agents.

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