A 6.5ACRE* SUPER SITE IN THE HEART OF AN EASTERN SUBURBS THRIVING RETAIL & BUSINESS DISTRICT
CBRE are delighted to present For Sale 481-493 Maroondah Highway Ringwood comprising a momentous 6.5acre* development offering of internationally significant proportion, eminently positioned to unlock substantial future value of numerous outcomes (STCA).
Maintaining a total street frontage of 101m*, 481-493 Maroondah Highway, offers unmatched exposure within the thriving Ringwood business district, surrounded by blue chip motor vehicle tenants.
481-493 Maroondah Highway, comprises the groundbreaking opportunity to deliver a substantial mixed use offering, with key highlights summarised below:
+ A landmark 6.5acre* landholding comprising an unrepeatable level of highly strategic significance in the highly sought after golden mile
+ 100% Leased multi-tenanted investment across 14,137sqm* of Gross Floor Area with over $2.1 Million* net annual income. Leased to global automative group ‘Volkswagen’, along with Eastern Health, Serco, Crocs Playcentre & Eclipse Gymnastics
+ Highly prominent total frontage of 101m* across Maroondah Highway providing substantial exposure to over 49,000* passing vehicles daily
+ A highly seldom opportunity with numerous access/egress points, plus a strong holding income from numerous existing commercial improvements complimenting an attractive window for prospective development feasibility
+ Highly prominent positioning at the juncture of Maroondah Highway, The Eastlink Freeway and Springvale Road providing seamless access to the CBD via immediate access to established arterial networks and a wealth of public transport offerings
+ Positioned on the border of one of Victoria’s largest retail and commercial activity centres, featuring Eastland Shopping Centre (4th largest in Australia) with over 340 retail stores & Costco
481-493 Maroondah Highway, Ringwood is being formally offered via International Expressions of Interest campaign closing 13th March at 2:00pm (AEDT).
All enquiries regarding 481-493 Maroondah Highway, should be directed to the exclusive sales agents below:
David Minty
+61 422 564 199
[email protected]
Nathan Mufale
+61 421 224 354
[email protected]
Andrew Bell
+61 456 810 999
[email protected]
Lee Holdsworth
+61 408 177 936
[email protected]
David Aiello
+61 412 502 596
[email protected]
* Denotes Approximate
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