8 Olive Grove,
Ringwood, VIC 3134

Warehouse, Factory & Industrial • Other • Shops & Retail

Key property information

Land area

Floor area

Zoning

Tenure type

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Map of 8 Olive Grove

Directions

SMELL THE AROMA

TENANTED INVESTMENT
ACTIVITY CENTRE ZONING
EXCEPTIONAL OPPORTUNITY

Dawson Real Estate are pleased to offer for sale this vibrant tenanted investment warehouse located in the heart of Ringwood’s activity centre.

Key property details include;

- Building Area: 287 sqm*
- Land area: 491sqm*
- Current Income: $39,253.44 pa* + GST
- Three (3) year lease commenced on 1 April 2021
- One (1) further term of three (3) years
- Activity Centre Zoning (ACZ-1)
- Located within 300* metres from Eastlink Freeway and only a short walk to Ringwood thriving retail precinct. The property is also surrounded by quality retailers, hotels and entertainment venues, restaurants and cafes.

Contact Dawson Real Estate today to arrange an inspection!

*Approx

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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