Colliers is pleased to present 41-43 Ringwood Street, Ringwood for sale via Expressions of Interest closing Wednesday 4 December at 3.00pm (AEDT).
Offered for sale for the first time in 27 years, 41-43 Ringwood Street comprises a two-level freestanding commercial building anchored by government tenants and poses a unique opportunity to value-add invest, partially occupy or explore future development optionality (STCA).
The key highlights of the opportunity include:
- High exposure Activity Centre Zoned corner site of 1,624sqm* with over 81m* of road frontage
- Two-level commercial building totalling 1,921sqm* anchored by longstanding government tenants including Victoria Police and Australian Electoral Commission (AEC)
- AEC have occupied the property for over 26 years
- Located in the highly sought after Ringwood Metropolitan Activity Centre
- Excellent car parking ratio with 62* on-grade and basement car parks
- 3.5 Star NABERS Rating
- Numerous asset management opportunities including negotiating with existing tenants and leasing the balance of the building
- Located in a precinct favoured by government occupiers including but not limited to VicRoads and Ringwood Magistrate's Court
- Immediate access to Eastland Shopping Centre, Costco and the plethora of surrounding amenity
- Estimated fully leased rental of $700,583 p.a. + GST
- Strategically positioned adjacent to Ringwood Bypass and a short 5-minute walk from Ringwood Station, providing exceptional road and rail connectivity
For further information or to arrange an inspection please contact the exclusive selling agents below:
Alex Browne | 0418 350 545
Ben Baines | 0438 328 407
Eddie Foulkes | 0405 890 960
Colliers Asian Desk
James Zhuang | 0473 866 666
*Approximate