45-51 Ringwood Street, RINGWOOD VIC 3134 SOLD

Outstanding opportunity to acquire a securely leased office investment in the heart of Ringwood.

Key property features comprise:

* Leased to Echo Australia Inc.
* New three (3) year lease (commenced 01/07/2021)
* Rental: $33,034 pa net
* Fixed 3% annual increases
* Building area: 79 sqm approx. plus parking
* Ground floor suite directly opposite Eastland Shopping Centre (100m from the Ringwood Bypass)

Well-positioned, strategic location within immediate proximity to major arterials including Eastlink, Maroondah Highway and Mount Dandenong Road, as well as fantastic amenities such as Eastland Shopping Centre and Costco.