100% LEASED INVESTMENT ON SIGNIFICANT 1,423 SQM* CORNER LANDHOLDING

Fitzroys in conjunction with Stonebridge Property Group are pleased to present 170-172 Warrandyte Road, Ringwood North (corner of Dickson Crescent) for sale by Public Auction Thursday 23rd October at 12.30pm on-site.

The key highlights of the opportunity include:

•  100% leased and providing annual income of $230,156* + GST + outgoings

•  A highly strategic corner freehold investment, underpinned by 4 prime retail shops, and a substantial land parcel of 1,423sqm*

•  Complementary zoning, 72m* of prime corner frontage and surplus land provides scope for future development (STCA)

•  Offered with approved permits for further development that retains existing tenancies (can be constructed whilst tenants trading)

•  Located in the tightly held Ringwood North shopping precinct anchored by IGA supermarket and significant council car parking

•  Substantial improvements include 4 highly versatile ground floor retail shops totalling 584sqm* - all with prime Warrandyte Road frontage to 16,000 cars daily

•  Ringwood North is an affluent north eastern suburb of Melbourne, where residents earn 9% more, unemployment is 16% lower and the median house price is 52% above the Victorian average. All of which are favourable drivers of retail trade within suburban precincts

170-172 Warrandyte Road, Ringwood North is offered for sale via Public on-site Auction Thursday 23rd October 2025 at 12:30pm (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

*Approx.

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