154-166 Maroondah Highway,
Ringwood, VIC 3134
Development Sites & Land • Showrooms & Large Format Retail • Shops & Retail
Detailed listing
Key property information
Land area
Floor area
Parking info
Property extent
Zoning
Municipality
Tenure type
Sold on
Map of 154-166 Maroondah Highway
UNIQUE LAKESIDE OPPORTUNITY
- Significant land holding of 8,067m²*
- Currently Zoned Commercial 2
- Returning $747,619* gross per annum +GST
GormanKelly, in conjunction with Jellis Craig, are pleased to offer 154-166 Maroondah Highway, Ringwood for sale via Expressions of Interest closing Thursday 30th August 2018 at 4pm.
This is a rare opportunity offering a fully leased investment in an irreplaceable prime lakeside location with excellent development potential.
We believe the most outstanding aspects of this property include:
• Significant land holding of 8,067m²* / Currently Zoned Commercial 2
• Anticipated future rezoning to Activity Centre Zone (STCA)
• Significant 93m* frontage to Maroondah Highway and 81m* frontage to Ringwood Lake Park
• Fully leased to tenants including Beaumont Tiles, Carpet Court, Nutrition Warehouse, Mortgage Choice and Horseland
• Total Building area 5,021m²* (NLA)
• Currently returning a total passing rental of $747,619* gross per annum plus GST
• Exceptional future mixed-use development opportunity with significant height potential (STCA)
• Located only 350m* from Eastland Shopping Centre which houses more than 300+ specialty stores over 131,000sqm, anchored Myer & David Jones and home to names such as Target, Kmart, H&M, Mecca, Uniqlo and JB HiFi
• 450m* from Ringwood’s Town Square with its contemporary blend of bars and restaurants including: 400 Gradi, The Cellar Door, Hunter & Barrel and George Colombaris’ Jimmy Grants
• Ringwood Train Station & Transport Interchange is only a few minutes’ walk (350m*) providing access to the Belgrave and Lilydale lines as well as bus services which operate along Maroondah Highway and Wantirna Road.
For more information, or to arrange an inspection please feel free to contact GormanKelly: Aldo Galante 0417 055 588, Nick Breheny 0411 601 730 or Jellis Craig: William Lyall on 0411 823 3....
*Approximate
This is a rare opportunity offering a fully leased investment in an irreplaceable prime lakeside location with excellent development potential.
We believe the most outstanding aspects of this property include:
• Significant land holding of 8,067m²* / Currently Zoned Commercial 2
• Anticipated future rezoning to Activity Centre Zone (STCA)
• Significant 93m* frontage to Maroondah Highway and 81m* frontage to Ringwood Lake Park
• Fully leased to tenants including Beaumont Tiles, Carpet Court, Nutrition Warehouse, Mortgage Choice and Horseland
• Total Building area 5,021m²* (NLA)
• Currently returning a total passing rental of $747,619* gross per annum plus GST
• Exceptional future mixed-use development opportunity with significant height potential (STCA)
• Located only 350m* from Eastland Shopping Centre which houses more than 300+ specialty stores over 131,000sqm, anchored Myer & David Jones and home to names such as Target, Kmart, H&M, Mecca, Uniqlo and JB HiFi
• 450m* from Ringwood’s Town Square with its contemporary blend of bars and restaurants including: 400 Gradi, The Cellar Door, Hunter & Barrel and George Colombaris’ Jimmy Grants
• Ringwood Train Station & Transport Interchange is only a few minutes’ walk (350m*) providing access to the Belgrave and Lilydale lines as well as bus services which operate along Maroondah Highway and Wantirna Road.
For more information, or to arrange an inspection please feel free to contact GormanKelly: Aldo Galante 0417 055 588, Nick Breheny 0411 601 730 or Jellis Craig: William Lyall on 0411 823 3....
*Approximate
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
Families
Most households
154-166 Maroondah Highway
Ringwood, VIC 3134
Detailed listing
GormanKelly - Hawthorn1 Oxley Road
HAWTHORN, VIC 3122
HAWTHORN, VIC 3122
Contact Agency
Jellis Craig - Ringwood & Croydon90 Maroondah Highway
RINGWOOD, VIC 3134
RINGWOOD, VIC 3134
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Lot 2, 81 & 83 Wonga Road,Ringwood North, VIC 3134 0.61 ha (1.5 acres)Development Sites & Land
