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141 Wantirna Road Ringwood, VIC 3134

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141 Wantirna Road,
Ringwood, VIC 3134

Shops & Retail

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Map of 141 Wantirna Road

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Opportunity Knocks! The location cannot be understated…

Offering versatility and an incredible main road position, this impressive retail opportunity is sure to become a prosperous commercial asset for generations to come. Commercial Zoning 1 with 147m2 (approx.) land and the ability to build another level above (STCA) and with rear lane access - makes this gem the one you have been waiting for!!

With an abundance of street frontage on Wantirna Road, Ample Car parks at front and side street and among a walkable retail precinct for the many locals who call this area home, this rare real estate offering presents as an amazing opportunity for those looking to occupy or invest.

Currently occupied by the Existing Operator for over 12 Years and operating as well-known Fish and Chip’s Shop at 141 Wantirna Rd, Ringwood offers a strategic opportunity to buy a significant parcel of well-positioned land that is currently returning a solid rental income.

The remaining term of the Lease is 9 ½ Years consisting of (4.5 Years on the Current term plus an Additional term of 5 Years) with Set increases per year.

The existing layout consists of a generous open retail shop offering approx. 84m2 of retail Space with plenty of shelving and open floor spaces.

Opportunity Knocks! The location here cannot be understated…
With Car Park at the Rear of the property and opportunities to extend (STCA) – This is the one you have been waiting for…

Within walking distance from Ringwood Station and Eastland, with easy access to connecting major roads such as Bedford Rd, Canterbury Rd, the Maroondah Highway and Eastlink.

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
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141 Wantirna Road
Ringwood, VIC 3134

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