$485,000

21 Milne Place, Ringwood North

Sold!
Property Type: Retail
Approx 50 Square metres

Retail Investment

This outstanding retail commercial investment with a new 5 year term commencing in November 2018 is a perfect match for the passive investor or self-managed super fund seeking immediate income.

- Securely Leased
- New Five (5) year lease plus options commencing November 2018
- Rent $25,500 per annum plus GST
- Annual rent reviews
- Tenant pays all usual outgoings
- Building Area: 67 sq. metres (approx.)
- Zoned Commercial 1

Located within the thriving Ringwood North Shopping precinct, this retail property offers substantial on-site customer car parking and is anchored by tenants likes Ritchies IGA Supermarket, Bakers Delight, Brumby's Bakery, and ANZ and several well know cafes. The location features an established residential population and is close to Eastland Shopping Centre, public transport and the Ringwood Bypass/Eastlink.

For further details, please contact Ben Dawson 0418 850 031.

Location

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