Nail a great investment!

Sold - Shop 9/204 Warrandyte Road, Ringwood North

Investment opportunity, Retail, Hotel/Leisure

Sale Details

Sold on 24 Apr 2017 for $980,000

Building Area 74m²
Rate $13,333 per m²
Yield: 4.28%

Overview

Sale History ID: 28240
Property ID: 13373
Advertised Price: Contact Agent

Description

CVA Property Consultants are pleased to offer this outstanding investment for Private Sale.

A recently commenced new lease is a feature of this well positioned retail property, operating as Angelina' Nails and Foot spa. 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 Angelina Nails & Foot Spa
- Rental $42,000.00 per annum
- Lease 5+5+5 years
- Commenced 15th July 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

Additional Info
Features
TenancyThi Kim Chi Nguyen and Dai Ngoc Nguyen trading as Angelina Nails & Foot Spa
Lease Term5 + 5 + 5 years
Commenced15th July 2016
Rent Review3% annual increases, Market at options
Bond/Guarantees$3,850.00
Outgoings PayableTenant
Car SpacesAmple on site
ZoningCommercial 1
Outgoings
Agent Details
CVA Property Consultants - Ian Angelico

Ian Angelico

M | 0418 336 088
T | (03) 9623 2578
E | [email protected]

CVA Property Consultants - Stan Dawidowski

Stan Dawidowski

M | 0400 448 755
T | (03) 9623 2556
E | [email protected]