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26 Bond Street
Ringwood VIC 3134

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 725m2
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Unlock Your Vision at a Rare 725 sqm Canvas

This property in the heart of Ringwood presents a rare opportunity for investors and developers alike. With its substantial size of approximately 725sqm and advantageous zoning, including GRZ1 and a DDO3 overlay which is allowing for a potential six-storey apartment complex (subject to council approval). Alternatively, the allotment could be cleared to make way for a luxury new home or multiple townhouses (also STCA). The potential for development is significant. The property's proximity to key amenities such as Eastland, Costco, and Ringwood Station, as well as its location within the Ringwood Secondary College zone, adds to its appeal.
The existing clinker brick home on the site, featuring two bedrooms and modern amenities, provides flexibility in development plans but may require renovation or demolition depending on the chosen path.
Additionally, nearby conveniences including schools, parks, and EastLink contribute to the property's desirability. Overall, this property represents an enticing opportunity for those looking to capitalize on Ringwood's growth and development potential.
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Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 26 Bond St, Ringwood

26 Bond St, Ringwood is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 725m2. The place is currently for sale with Professionals First & Co.

Building Type
House
Land Size
725m2

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About Ringwood 3134

The size of Ringwood is approximately 10.2 square kilometres. It has 35 parks covering nearly 13.2% of total area. The population of Ringwood in 2011 was 16,008 people. By 2016 the population was 17,450 showing a population growth of 9.0% in the area during that time. The predominant age group in Ringwood is 30-39 years. Households in Ringwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ringwood work in a professional occupation. In 2011, 62.7% of the homes in Ringwood were owner-occupied compared with 58.6% in 2016.

Ringwood has 12,251 properties. Over the last 5 years, Houses in Ringwood have seen a 19.11% increase in median value, while Units have seen a 11.59% increase. As at 30 November 2024:

  • The median value for Houses in Ringwood is $1,024,398 while the median value for Units is $635,950.
  • Houses have a median rent of $620 while Units have a median rent of $500.
There are currently 41 properties listed for sale, and 11 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 497 properties were sold in the past 12 months in Ringwood.

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