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481-493 Maroondah Highway, Ringwood, VIC 3134

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481-493 Maroondah Highway, Ringwood, VIC 3134

Ringwood

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481-493 Maroondah Highway, Ringwood, VIC 3134

481-493 Maroondah Highway, Ringwood, VIC 3134

Properties / Buy / Victoria / Ringwood
Development Potential

1. Property Summary

Property Type
Commercial, Child/Healthcare
Sub Type
Retail/Shopping Centre, Medical
Land Area
6.50 hectares (*approx)
Selling Method
EOI: Closing 13th March at 2:00pm (AEDT)
EOI Closing Date
13 Mar 2025 02:00PM
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2. Property Highlights

A 6.5ACRE* SUPER SITE IN THE HEART OF AN EASTERN SUBURBS THRIVING RETAIL & BUSINESS DISTRICT
  • 6.5acre* land rich investment
  • $2.1* Million Current Income
  • High Exposure 101m* Frontage

CBRE are delighted to present For Sale 481-493 Maroondah Highway Ringwood comprising a momentous 6.5acre* development offering of internationally significant proportion, eminently positioned to unlock substantial future value of numerous outcomes (STCA).

Maintaining a total street frontage of 101m*, 481-493 Maroondah Highway, offers unmatched exposure within the thriving Ringwood business district, surrounded by blue chip motor vehicle tenants.

481-493 Maroondah Highway, comprises the groundbreaking opportunity to deliver a substantial mixed use offering, with key highlights summarised below:

+ A landmark 6.5acre* landholding comprising an unrepeatable level of highly strategic significance in the highly sought after golden mile

+ 100% Leased multi-tenanted investment across 14,137sqm* of Gross Floor Area with over $2.1 Million* net annual income. Leased to global automative group ‘Volkswagen’, along with Eastern Health, Serco, Crocs Playcentre & Eclipse Gymnastics

+ Highly prominent total frontage of 101m* across Maroondah Highway providing substantial exposure to over 49,000* passing vehicles daily

+ A highly seldom opportunity with numerous access/egress points, plus a strong holding income from numerous existing commercial improvements complimenting an attractive window for prospective development feasibility

+ Highly prominent positioning at the juncture of Maroondah Highway, The Eastlink Freeway and Springvale Road providing seamless access to the CBD via immediate access to established arterial networks and a wealth of public transport offerings

+ Positioned on the border of one of Victoria’s largest retail and commercial activity centres, featuring Eastland Shopping Centre (4th largest in Australia) with over 340 retail stores & Costco

481-493 Maroondah Highway, Ringwood is being formally offered via International Expressions of Interest campaign closing 13th March at 2:00pm (AEDT).

All enquiries regarding 481-493 Maroondah Highway, should be directed to the exclusive sales agents below:

David Minty

+61 422 564 199

[email protected]

Nathan Mufale

+61 421 224 354

[email protected]

Andrew Bell

+61 456 810 999

[email protected]

Lee Holdsworth

+61 408 177 936

[email protected]

David Aiello

+61 412 502 596

[email protected]

* Denotes Approximate

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

1. Property Summary

Property Type
Commercial, Child/Healthcare
Sub-type
Retail/Shopping Centre, Medical
Land Area
6.50 hectares (*approx)
Selling method
EOI: Closing 13th March at 2:00pm (AEDT)
EOI Closing Date
13 Mar 2025 02:00PM

2. Property Highlights

A 6.5ACRE* SUPER SITE IN THE HEART OF AN EASTERN SUBURBS THRIVING RETAIL & BUSINESS DISTRICT
  • 6.5acre* land rich investment
  • $2.1* Million Current Income
  • High Exposure 101m* Frontage

CBRE are delighted to present For Sale 481-493 Maroondah Highway Ringwood comprising a momentous 6.5acre* development offering of internationally significant proportion, eminently positioned to unlock substantial future value of numerous outcomes (STCA).

Maintaining a total street frontage of 101m*, 481-493 Maroondah Highway, offers unmatched exposure within the thriving Ringwood business district, surrounded by blue chip motor vehicle tenants.

481-493 Maroondah Highway, comprises the groundbreaking opportunity to deliver a substantial mixed use offering, with key highlights summarised below:

+ A landmark 6.5acre* landholding comprising an unrepeatable level of highly strategic significance in the highly sought after golden mile

+ 100% Leased multi-tenanted investment across 14,137sqm* of Gross Floor Area with over $2.1 Million* net annual income. Leased to global automative group ‘Volkswagen’, along with Eastern Health, Serco, Crocs Playcentre & Eclipse Gymnastics

+ Highly prominent total frontage of 101m* across Maroondah Highway providing substantial exposure to over 49,000* passing vehicles daily

+ A highly seldom opportunity with numerous access/egress points, plus a strong holding income from numerous existing commercial improvements complimenting an attractive window for prospective development feasibility

+ Highly prominent positioning at the juncture of Maroondah Highway, The Eastlink Freeway and Springvale Road providing seamless access to the CBD via immediate access to established arterial networks and a wealth of public transport offerings

+ Positioned on the border of one of Victoria’s largest retail and commercial activity centres, featuring Eastland Shopping Centre (4th largest in Australia) with over 340 retail stores & Costco

481-493 Maroondah Highway, Ringwood is being formally offered via International Expressions of Interest campaign closing 13th March at 2:00pm (AEDT).

All enquiries regarding 481-493 Maroondah Highway, should be directed to the exclusive sales agents below:

David Minty

+61 422 564 199

[email protected]

Nathan Mufale

+61 421 224 354

[email protected]

Andrew Bell

+61 456 810 999

[email protected]

Lee Holdsworth

+61 408 177 936

[email protected]

David Aiello

+61 412 502 596

[email protected]

* Denotes Approximate

Remember to mention you found this property on DevelopmentReady

Read More

3. Property Location

481-493 Maroondah Highway, Ringwood, VIC 3134

Property Map

4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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