Ringwood

OFF-MARKET INVESTMENT OPPORTUNITY - 3 WAREHOUSES ON ONE TITLE

Appleby Commercial is pleased to offer this exciting investment opportunity for sale by Private Treaty.

Located in a tightly held Industrial pocket within Ringwood, Argent Place is just off Heatherdale Road and within close proximity to Eastlink and a number of arterial roads.

Property Features:
- Total Building Area: 654m2 approx.
- Land Area: 1,794m2 approx.
- One Title | 3 Warehouses 
- Total Rental Income: $98,240 plus GST & outgoings per annum
- Zoning: Industrial 1

Lease Details:
Unit 1 | Building Area: 228m2 
Returning: $35,000 plus GST & outgoings per annum
Term: 3 + 3 + 3 years commencing 01/11/2023

Unit 2 | Building Area: 228m2
Returning: $32,640 plus GST & outgoings per annum
Term: Month to Month

Unit 3 | Building Area: 198m2
Returning: $30,600 plus GST & outgoings per annum
Term: 3 years commencing 01/09/2024