Retail Investment to Spice up Your Portfolio!

Sale Details

Sold on 06 Apr 2017 for $1,038,000

Description

CVA Property Consultants are pleased to offer this outstanding investment for Private Sale.
Oban Road corner exposure is a feature of this retail property, leased and operating as asian style restaurant A'lin's Kitchen. Situated within the thriving North Ringwood Shopping Centre anchored by Ritchies Supa IGA supermarket, Dominos Pizza, Bakers Delight, Anytime Fitness, ANZ and Commonwealth Banks.

- Tenant operating as A'lin's Kitchen and established for 16 years*
- Rental $51,802.44 per annum (Gross rental)
- Lease 5+5+5+5 years
- Commenced 1st August 2016

This sought-after shopping centre is prominently situated at 204 Warrandyte Road corner Oban Road, Ringwood North, approximately 25 km North East of the Melbourne Central Business District. The location features an established residential population and is 2.5kms* from Eastland Shopping Centre, Ringwood Public Transport hub and Ringwood Bypass / Eastlink.

Inspections available by appointment through exclusive sole agents.

* approximately