Sold G02/50 New Street, Ringwood
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G02/50 New Street, Ringwood

Private Sale - Sold on Mar 20, 2025

$1,250,000

197 m2

  • Joshua Franzi

    Director & Head of Commercial Department

MODERN INVESTMENT, 7% PLUS RETURN!

- CURRENTLY RETURNING $88,500 PER ANNUM NET

- NEW LEASE TO ESTABLISHED NATIONAL TENANT

- EASY ACCESS TO PUBLIC TRANSPORT AND MAJOR ARTERIAL ROADS

Jellis Craig are pleased to offer for sale via Expression of Interest closing Thursday 27 March at 4pm, this spacious and functional office investment in the heart of Ringwood.

Currently leased to Community Solutions Group Ltd as part of their wider

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Location

Property statistics

  • Median house price

    $1m


  • Days on market

    20


  • Victorian auction clearance rate

    82%


  • Auctions last week in Victoria

    254


Data sourced from REIV

Schools

Our Lady of Perpetual Help School

Wilana Street Ringwood

1.1km

Ringwood Heights Primary School

60 Summit Crescent Ringwood North

1.2km

Antonio Park Primary School

631-639 Whitehorse Road Mitcham

1.2km

Ringwood Secondary College

Bedford Road Ringwood

1.4km

The floorplan, measurements of rooms and land size are approximate. Jellis Craig does not accept any liability or responsibility for any inaccuracy in any plan, drawing or rendering used in the advertising material to describe the land and/or the property and/or any described features.
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