This property in Ringwood offers a unique artistic style for sale. It is only a 3-5 minute walk to Costco and Eastland shopping centers.
The interior area is about 228m², with an outdoor area of about 117m², totaling about 345m². The ceiling height is 6 meters, and the property is fully renovated.
The current tenants are an art gallery and an art school, with a 3+3 year lease and a high, stable rental return rate. Additionally, there is a 3% annual rent increase. Key investment features of this property include:
Key Features:
Unique and beautiful exterior, with a 6m ceiling height.
Direct access to a park outdoors (only 5 meters away), with lush trees and flowing water—like a natural oxygen bar, providing a serene and tranquil atmosphere.
345m² of combined indoor and outdoor space, ideal for trendy restaurants, schools, art therapy, private clubs, and other businesses.
Located below apartment complexes, with 24/7 management and high security.
Complete facilities, including a gym, cinema, central kitchen, multimedia room, library, and more, all for free use.
Only 3-5 minutes walk to Costco, Eastland, and Ringwood Train Station.
Just a 1-minute drive to the M3 highway, with a 25-minute drive to the city center.
Currently operated as an art gallery and art school, with a stable and growing business. The lease is secure and stable.
The surrounding area is a high-density zone, with many completed and ongoing apartment projects, offering significant future potential.