Tenancy 1, 241 Maroondah Highway, Ringwood, VIC 3134

Retail | Showrooms | Offices

Leased

  • Property ID: 416212
  • Floor Area: 152m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Leased 13/10/2022 152m2 N/A N/A
Office/Showroom With Huge 16m* Frontage to Maroondah Highway

POINT OF INTEREST:
Presenting an extraordinary showroom / office opportunity with an expansive 16m* frontage to the most significant arterial in Melbourne's east. Tenancy 1, 241 Maroondah Highway is 152m2* and is adjacent to Officeworks, benefiting from the huge amounts of passing traffic each day and generous parking at the rear of the property. Brilliant natural light is provided by the predominantly glass facade, bringing the space to life.

The property is within immediate proximity of Eastland and the abundance of amenity it supplies to the area. The recent development of Eastland has transformed the area into a bustling hub of people and commerce, undoubtedly overflowing to the subject property due to the short distance between sites. Located near the corner of Warrandyte Road and Maroondah Highway, other major roads nearby include Mt Dandenong Road, Wantirna Road, and is just 400m* from the Ringwood Bypass - providing easy access to Eastlink.

Property features:
- 152sqm* building area fronting Maroondah Highway
- 16m* signage frontage
- Ample parking at rear
- 6.5sqm* window display box
- Only 200m* to Eastland
- Opposite Ringwood transit hub - Train Station
- Long term lease available


*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Immediate
  • Car Spaces: By agreement
  • Condition: Very Good
  • Air Conditioning: Yes
  • Floors: Concrete
  • Lifts: N/A
  • Age: circa 15 years approx
  • Car Parking Fees: not applicable
Outgoings
  • Water Rates: TBA
  • Land Tax: N/A
  • Council Rates: TBA
  • Owners Corp. / Insurance: TBA
Ringwood Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $4355 $560 12.87%
Retail $5711 $316 5.53%
Industrial $4279 $197 4.62%
This is the average advertised price, rent and yield for Ringwood, VIC 3134*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Lease

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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