- CURRENTLY RETURNING $88,500 PER ANNUM NET
- NEW LEASE TO ESTABLISHED NATIONAL TENANT
- EASY ACCESS TO PUBLIC TRANSPORT AND MAJOR ARTERIAL ROADS
Jellis Craig are pleased to offer for sale via Expression of Interest closing Thursday 27 March at 4pm, this spacious and functional office investment in the heart of Ringwood.
Currently leased to Community Solutions Group Ltd as part of their wider job and recruitment organisation, on a new lease with further options and currently returning $88,500 per annum net plus GST with annual increases.
Well positioned on New Street, this office enjoys the benefits of being in a modern building such as onsite secure car parking bays for six (6) cars, bicycle storage racks, end-of-trip facilities, shared conference room on the ground floor, bathroom and staff lunchroom within tenancy, a flexible floorplan currently providing for open plan workspace, and multiple directors suites / meeting rooms, and ducted heating / cooling throughout.
All this with the convenience of being set amongst a number of popular national retailers and businesses such as McDonalds, Bunnings, Coles, Aldi, Costco, Genesis Health Club and within just a short walk from Eastland Shopping Centre and Ringwood train station.
Features:
- Returning $88,500 per annum net plus GST
- New lease to Community Solutions Group Ltd, with further options
- Tenancy area: 197 sqm (approx.)
- Excellent natural light throughout
- Fitted and functional floorspace
- Ducted heating and cooling
- Bathroom with shower in tenancy
- Staff lunchroom within tenancy
- Shared conference room on ground floor
- Allocated basement parking bays (6)
- Ample customer parking in immediate vicinity
- Well serviced by train and bus public transport
- Easy access to Maroondah Highway and Eastlink / Eastern Freeway
- Activity Centre Zone 1
- Suitable for variety of uses (STCA)
Please contact the exclusive sales and marketing agent for further information.
The size of Ringwood is approximately 10.2 square kilometres. There are 35 parks, covering nearly 13.2% of the total area. The population of Ringwood in 2016 was 17471 people. By 2021 the population was 19144 showing a population growth of 9.6% in the area during that time. The predominant age group in Ringwood is 30-39 years. Households in Ringwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ringwood work in a professional occupation.In 2021, 57.80% of the homes in Ringwood were owner-occupied compared with 58.60% in 2016.
Ringwood has 12,393 properties. Over the last 5 years, Houses in Ringwood have seen a -1.20% decrease in median value, while Units have seen a 7.39% increase. As at 30 June 2026:
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