COMMERCIAL REAL ESTATE NEWS, TRENDS AND INSIGHTS
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26YEARS
$
OF PROPERTY INSIGHTS
10,000
+
LOCAL INVESTORS REACHED

New Street lettings in Ringwood

By | 04/10/2021

New Street, Ringwood Leased

2A/ 36-40 New Street

A 400sqm showroom/ warehouse located at 2A/ 36-40 New Street opposite Ringwood Square has been leased to a successful signage company.

Terms included a new 5 year Lease plus Option at a commencing rental rate of $150/sqm net per annum plus GST & outgoings.

3&4/ 100 New Street

Further down the street, the former Christian Outreach Centre located at 3&4/ 100 New Street has now been leased to QLD based group, C3 Powerhouse Ltd. The 997sqm premises was leased at a commencing rental rate of $130/sqm net plus GST & outgoings.

Both properties attracted extensive enquiry and we still have a number of prospective tenants seeking similar premises within the local area.

GK’s specialist Industrial Sales & Leasing team are proud to have achieved this outcome for our valued client. Feel free to contact me to discuss how GK can assist you with your commercial property management, sales and leasing needs.

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Glenn Neilson

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.

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