386 - 388 Maroondah Highway, Ringwood VIC 3134

For Sale $1,950,000 - $2,050,000

  • 1,308 sqm (approx) Land Area

Endorsed Childcare Centre Permit for 102 Children With Tenant Secured

Attention to all investors.

Vacant land with council permit ready for a childcare centre with places for 102 children and tenant is secured to pay up to $346,000/year approx.

Close proximity to the EastLink freeway, Burntbridge shops, buses, Ringwood station, Costco and the Eastland Shopping Centre.

A number of quality schools are within easy reach, including Ringwood Secondary College, Melba College, Mullum Mullum Primary School, Norwood Secondary College and Tintern Grammar.

* Childcare centre approved  

* Tenant secured

* Rental return at approx. $346,000 per year  

* Vacant land ready for construction

Terms: 10% deposit, balance 30/60/90 days

PLEASE NOTE: Open for inspection times and property availability is subject to change or cancellation without notice.

Make enquiry

MORTGAGE CALCULATOR




  

This property is proudly listed by:

First National Real Estate Janssen & Co 1143 Burke Road
Kew VIC 3101

Open for Inspection

By Appointment

Additional information

Property Type House
Property ID 12036100131
Price $1,950,000 - $2,050,000
Land Area 1,308 sqm (approx)