Buy 128 Railway Avenue, Ringwood East
Share

128 Railway Avenue, Ringwood East

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 more

Land size: 836 Square Metres approx.

Inspections

Inspection by appointment

Book Inspection

Location

Property statistics

  • Median house price

    $1m


  • Days on market

    30+


  • Victorian auction clearance rate

    85%


  • 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.

Similar properties