Leased by GK: Unit 2, 100 New Street Ringwood
A local Utilities Service business seeking to consolidate, upgrade and expand have just signed a 3 year lease at a commencing rental of $80,000 pa net.
The property offered a sought after 715sqm warehouse including 2 level office, 2 container height roller doors and additional 400sqm yard area.
Positioned between the Mitcham/ Nunawading and Bayswater industrial precincts, Ringwood remains a sought after location for small and medium sized warehouse occupants. Being well placed to nearby Maroondah Highway and EastLink, Ringwood presents a great solution to business at an affordable level.
With limited supply, both the rental and sale price rates for Ringwood sit neatly between the higher priced Mitcham/ Nunawading location and the lower priced, yet further afield Bayswater precinct.
GK's specialist Industrial Sales & Leasing team are proud to have achieved an outcome for our client during a challenging time for business and the economy. Please feel free to contact me to discuss how GK could assist you with your commercial and industrial property management, sales or leasing needs.
Written by Glenn Neilson
For over 20 years, Glenn has been selling and leasing commercial property with a particular focus on the industrial market located within Melbourne’s eastern corridor.