A significant investment opportunity in Melbourne’s eastern corridor is set to test buyer appetite, with six fully leased assets across four titles in Ringwood offered to market on a combined 3,565 sqm* landholding.
Positioned across 54–56 Maroondah Highway and 10–12 Olive Grove, the offering combines immediate income security with longer-term flexibility, underpinned by a diversified tenancy profile and favourable lease structures, alongside demolition clauses providing optionality for future redevelopment (STPA).
54–56 Maroondah Highway comprises two freehold buildings sit on a combined 1,660 sqm* landholding with a 1,239 sqm* building area, fully leased to established tenants including Brighton Renovation, Rensei Karate and A1 Motorcycles and benefits from a prominent 38.9m* frontage and 22 on-site car spaces.
10–12 Olive Grove comprises two warehouse-style freehold buildings occupy a combined 1,905 sqm* site with a 1,232 sqm* building area, fully leased to BFT (Body Fit Training) and A1 Motorcycles, with ample surrounding street parking supporting ease of access.
Located within a high-exposure corridor along Maroondah Highway, the properties benefit from strong daily passing traffic and connectivity to major arterials including EastLink, while also being in close proximity to key amenity such as Eastland Shopping Centre and Ringwood Station. The broader precinct continues to see population growth and increasing buyer demand, reinforcing the long-term fundamentals of the location.
The portfolio is being offered either individually or in one line through Leon Ma, Joe Kairouz and Valerie Tang of Cushman & Wakefield, appealing to a broad range of buyers from private investors to developers and land bankers.
Leon Ma of Cushman & Wakefield said the campaign is expected to attract strong interest from groups seeking both income and scale in a tightly held metropolitan market.
“There is strong depth of capital targeting well-located, income-producing assets with a clear pathway to future upside. We expect interest from private investors, syndicators and developers looking to secure a strategic foothold in Melbourne’s eastern growth corridor,” he said.
Joe Kairouz of Cushman & Wakefield added that the configuration of the offering, combined with its planning flexibility, is likely to underpin competitive tension.
“What makes this opportunity compelling is the balance between secure holding income and genuine development potential within a designated Metropolitan Activity Centre, prioritised for medium to high density development, employment growth and mixed use outcomes, and supported by established transport, retail and civic infrastructure.”
54–56 Maroondah Highway and 10–12 Olive Grove is for Sale by Expressions of Interest individually or in one line, closing Thursday 28 May 2026 at 2pm.
Positioned across 54–56 Maroondah Highway and 10–12 Olive Grove, the offering combines immediate income security with longer-term flexibility, underpinned by a diversified tenancy profile and favourable lease structures, alongside demolition clauses providing optionality for future redevelopment (STPA).
54–56 Maroondah Highway comprises two freehold buildings sit on a combined 1,660 sqm* landholding with a 1,239 sqm* building area, fully leased to established tenants including Brighton Renovation, Rensei Karate and A1 Motorcycles and benefits from a prominent 38.9m* frontage and 22 on-site car spaces.
10–12 Olive Grove comprises two warehouse-style freehold buildings occupy a combined 1,905 sqm* site with a 1,232 sqm* building area, fully leased to BFT (Body Fit Training) and A1 Motorcycles, with ample surrounding street parking supporting ease of access.
Located within a high-exposure corridor along Maroondah Highway, the properties benefit from strong daily passing traffic and connectivity to major arterials including EastLink, while also being in close proximity to key amenity such as Eastland Shopping Centre and Ringwood Station. The broader precinct continues to see population growth and increasing buyer demand, reinforcing the long-term fundamentals of the location.
The portfolio is being offered either individually or in one line through Leon Ma, Joe Kairouz and Valerie Tang of Cushman & Wakefield, appealing to a broad range of buyers from private investors to developers and land bankers.
Leon Ma of Cushman & Wakefield said the campaign is expected to attract strong interest from groups seeking both income and scale in a tightly held metropolitan market.
“There is strong depth of capital targeting well-located, income-producing assets with a clear pathway to future upside. We expect interest from private investors, syndicators and developers looking to secure a strategic foothold in Melbourne’s eastern growth corridor,” he said.
Joe Kairouz of Cushman & Wakefield added that the configuration of the offering, combined with its planning flexibility, is likely to underpin competitive tension.
“What makes this opportunity compelling is the balance between secure holding income and genuine development potential within a designated Metropolitan Activity Centre, prioritised for medium to high density development, employment growth and mixed use outcomes, and supported by established transport, retail and civic infrastructure.”
54–56 Maroondah Highway and 10–12 Olive Grove is for Sale by Expressions of Interest individually or in one line, closing Thursday 28 May 2026 at 2pm.
*Approx.
