Buy 128 Railway Avenue, Ringwood East
Share
128 Railway Avenue, Ringwood East image 1
128 Railway Avenue, Ringwood East image 2
128 Railway Avenue, Ringwood East image 3
128 Railway Avenue, Ringwood East image 4
128 Railway Avenue, Ringwood East image 5
128 Railway Avenue, Ringwood East image 6
128 Railway Avenue, Ringwood East image 7
128 Railway Avenue, Ringwood East image 8
128 Railway Avenue, Ringwood East image 9
128 Railway Avenue, Ringwood East image 10
128 Railway Avenue, Ringwood East image 11

128 Railway Avenue, Ringwood East

For Sale

$1,550,000 - $1,680,000

13 Bed
8 Bath
4 Car
836 m2

Rooming house with strong return

On the cusp of Ringwood East Shopping Village and the train station, this unique property would make the ideal cash flow investment for your property portfolio.

The two-level brick building is a registered rooming house comprising 13 bedrooms, eight bathrooms, communal kitchen and living areas plus onsite parking. Currently returning $79,494 PA plus GST and outgoings (due for CPI increase in

... Read more

Land size: 836 Square Metres approx.

Thinking of selling?
Request Section 32
Due diligence checklist
View agent price guide

Inspections

Inspection by appointment

Book Inspection

Location

Property statistics

  • Median house price

    $1m

  • Days on market

    23

  • Victorian auction clearance rate

    85%

  • Auctions last week in Victoria

    418

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

Show more
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.

Access your report
Similar properties