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
Email enquiry to Colliers - Melbourne East
Property ID: 504727428