Gross Wadell ICR in conjunction with Fitzroys 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.