121 Maroondah Highway,
Ringwood, VIC 3134

Shops & Retail • Hotel, Motel & Leisure • Offices

Key property information

Land area

Floor area

Property extent

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Map of 121 Maroondah Highway

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ONCE IN A LIFETIME INVESTMENT OPPORTUNITY WITH ATTACHED ‘LIQUOR LICENSE’ ONLY METRES FROM EASTLAND SHOPPING CENTRE

CBRE Melbourne Strip Retail Investments are proud to present to the market, 121 Maroondah Highway, Ringwood, being offered for sale by public on-site auction on Friday 24th March at 12:30pm.

We summarise the property details below, for your reference:

- Ground floor leased to popular nightclub Zubar

- First floor vacant with separate entrance

- Sold with highly valuable 'late night' liquor licencing permits

- Immediate access to the Eastern Freeway providing direct CBD and East Link access and public transport within walking distance

- Located metres from Eastland Shopping Centre complemented by an abundance of parks, schools and recreational facilities

- Site area of 212sqm* with rear lane access

- Current annual income of $70,800* with potential fully leased income estimated at $95,000p.a*

- Great for owner occupiers or investors with future potential to develop

*approx

Should you wish to discuss this exciting opportunity further, please contact any of the below exclusive selling agents:

Sandro Peluso
0418 389 757

Rorey James
0439 400 081

Nic Hage
0448 782 594

Ringwood, 3134 demographic data

The median household income for Ringwood is $1,654, 13% lower than Greater Melbourne's household income of $1,901. Ringwood has an older age profile compared to the rest of Greater Melbourne (median age 38 vs 37). Property ownership data shows 54% of property owners in Ringwood have a mortgage.

19,144

Population

$1,654 per week

Median household income

38 years

Median age

Owners

Most residents

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Most households