A HEAVYWEIGHT INVESTMENT | BLUE-CHIP ASSET WITH ASX LISTED TENANT

Fitzroys in conjunction with Gross Waddell ICR are pleased to present Unit 5 & 6, 74-82 Maroondah Highway Ringwood for sale by Public Auction, Friday 28th November at 12pm on-site.

The key highlights of this investment opportunity include:

•  Leased to ASX Listed Tenant – Viva Leisure t/a Club Lime
•  New triple net 10+5+5 year lease
•  Returning $337,328* per annum (Tenant pays all outgoings including Land Tax)
•  Fixed 4% annual increases
•  Expansive open-plan showroom of 1,288sqm* with ultra high-quality tenant fit-out
•  Within the heart of the thriving Ringwood Activity Centre
•  Situated amongst other major large-format-retail tenants including Supercheap Auto, Vinnies, PetBarn, Bunnings Warehouse, Costco, BYD and more!
•  Close proximity to Eastland Shopping Centre, Coles Supermarket, Aldi and major Ringwood Train Station
•  Viva Leisure is Australia’s second largest fitness network with strong future growth prospects
•  High exposure location with over 40,000* daily passing vehicles on Maroondah Highway
•  Ringwood is an affluent northeastern suburb of Melbourne, population expected to grow by 39% by 2046 (forecast.id.com.au)
•  Ample on-site carparks

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

*Approx.