121-123 Bedford Road, Ringwood East

auction

ULTIMATE CORNER SET & FORGET INVESTMENT WITH DEVELOPMENT UPSIDE

Gorman Commercial is pleased to offer 121-123 Bedford Road, Ringwood East for sale via Public Auction on Wednesday 8th October at 12 noon on-site.

The property presents an exceptional opportunity for investors to purchase this prominent corner freehold leased to a longstanding tenant and underpinned by future development potential.

* Income: $116,000 pa + GST + Outgoings
* Recently renewed five (5) year lease to longstanding tenant who has been in occupation since 2015

Listing Highlights

  • Income: $116,000 pa + GST
  • High exposure landholding of 589 sqm
  • 5 year lease to longstanding tenant

Property Details


Type
Retail

Building Area
523 sqm

Land Area
589 sqm

Price
Contact Agent