100% Leased Investment on Significant 1,423 sqm* Corner Landholding

  • $1,000,000/Contact Agents

Property Description

Stonebridge Property Group and Fitzroys are pleased to present for sale 170-172 Warrandyte Road, Ringwood North (corner of Dickson Crescent).

The key highlights of the opportunity include:

– A highly strategic corner freehold investment, underpinned by 4 prime retail shops, and a substantial land parcel of 1,423 sqm*

– Complementary zoning, 72 m* of prime corner frontage and surplus land provides scope for future development (STCA)

– Offered with approved permits for further development that retains existing tenancies (can be constructed whilst tenants trading)

– Located in the tightly held Ringwood North shopping precinct anchored by supermarkets & significant council car parking

– Substantial improvements include 4 highly versatile ground floor retail shops totalling 584 sqm* – all with prime Warrandyte Road frontage to 16,000 cars daily

– Ringwood North is an affluent north eastern suburb of Melbourne, where residents earn 9% more, unemployment is 16% lower and the median house price is 52% above the Victorian average. All of which are favourable drivers of retail trade within suburban precincts

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Stonebridge Property Group:

Nic Hage
0448 782 594

Ian Lam 林煒峻
0416 621 859
如需任何国语或粤语咨询,请联系我们亚洲业务团队的Ian Lam 林煒峻,联系电话:0416 621 859,并可随时加他的微信(微信号:ianlam2001)

Fitzroys:

Chris James
0421 779 714

Ben Liu 刘犇
0433 188 722

*Approximately

Property Code: 1432

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