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58 Railway Avenue, RINGWOOD EAST

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OUTSTANDING STAND-ALONE OPPORTUNITY

An outstanding and extremely rare opportunity to acquire a stand alone retail property situated opposite Ringwood East Train Station.

The premises occupies a ground floor area of approximately 85 square metres on a land size of 280 sqm with massive upside and future development having great rear access.

The property is currently leased on a secure 5+5 Year term returning $24,000 p.a and is suitable for a range of uses from Retail, Office and Medical/Consultancy (STCA) forming part of a Commercial 1 Zone.

Features include:

Secure 5 + 5 Year Lease
Commenced 9 May 2016
Prime Location and Exposure
Land Area 280 sqm approximately
Commercial 1 Zone
Suit a Variety of Uses
Rear Lane Access
On-Site Car Parking
Potential for Future Development
Adjoining Bendigo Bank, National Pharmacy and Medical Clinic

The Ringwood East locality is a highly desirable established suburb with massive upside and is set amongst a variety of corporate businesses, Eastland Shopping Centre, Tintern Grammar and is well serviced by public transport and the EastLink Freeway.

For further information please contact the Commercial Team on 9840 7700

Available documents