Global New Developments
Juwai Commercial
Juwai LUXE
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Jones Real Estate is pleased to present Shop 19, 204 Warrandyte Road, Ringwood North to the market For Sale via Expressions of Interest closing Wednesday 24th May 2023 at 12pm.
The subject property is positioned in the heart of Ringwood North, located within Ringwood North Shopping Centre, 32km* north-east of Melbourne’s CBD. Adjoined by large residential catchments and surrounded by major arterial roads, this retail property is served by the EastLink, Maroondah Highway, Mount Dandenong Road, Wantirna Road and benefits from exceptional visibility within the Shopping Centre and access to a thriving local community.
Key features of the property include:
- Located within the well-established Ringwood North Shopping among major national tenants such as Richies IGA, Domino’s Pizza, Anytime Fitness and Bakers Delight.
- Securely leased for $18,910 per annum plus GST & Outgoings to Made Locally. Made Locally has been operating within Ringwood North Shopping Centre since 2016 and has since built a strong customer base. Made Locally is passionate about providing gifts, gourmet foods and artwork that are 100% Australian made (not just designed).
- Initial term of two (2) years commencing October 2022 with one (1) further option of one (1) year and 3.50% fixed annual increases.
- Total net saleable area of 60sqm*.
- Underpinned by major arterial roads: EastLink, Maroondah Highway, Mount Dandenong Road and Wantirna Road.
- 16,000* vehicles drive past Ringwood North Shopping Centre daily^.
- Property is Commercial 1 Zone – C1Z.
*Approx.
^VicRoads traffic volume 2020
For further information or to schedule a private inspection of the opportunity, please contact the exclusive selling agents.
Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.
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* The above information is the average for each state in Australia For more details about loans, please send us an enquiry.
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Disclaimer: Currency shown is based on currency conversion, please refer to actual currency price of the property.
