For Sale
$1,550,000 - $1,680,000
13 Bed
8 Bath
4 Car
836 m2
Outstanding residential investment
Enjoy circa 5% return from established tenant, almost unheard of for a prime residential property. Benefit from a commercial lease to proven professional organization also paying outgoings (excluding land tax). The tenant has recently made substantial upgrades and improvements ensuring ongoing stability, outstanding value and rental growth potential. A substantial two storéy building occupies
... Read moreLand size: 836 Square Metres approx.
Inspections
Inspection by appointment
Location
Property statistics
-
Median house price
$1m
-
Days on market
30+
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Victorian auction clearance rate
85%
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Auctions last week in Victoria
688
Data sourced from REIV
Schools
Tintern Schools
90 Alexandra Road Ringwood East
0.6km
Eastwood Primary School
Alexandra Road Ringwood East
0.7km
Tinternvale Primary School
Tintern Avenue Ringwood East
1.3km
Ringwood Secondary College
Bedford Road Ringwood
1.6km
The floorplan, measurements of rooms and land size are approximate. Jellis Craig does not accept any liability or responsibility for any inaccuracy in any plan, drawing or rendering used in the advertising material to describe the land and/or the property and/or any described features.
Suburb Report
Know your postcode
A reliable snapshot of the property market in Ringwood East.
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