FOR SALE
$1,000,000 - $1,100,000

4 James Street
Ringwood VIC 3134

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 630m2
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Ready To Redevelop Dual-Townhouse Site

In one of Ringwood's best positions, we present a lucrative redevelopment proposition. Occupying approximately 630sqm, this property comes with a planning permit and detailed drawings for two double storey townhouses, making it a prime, ready-to-build project.
Designed for modern lifestyles, the two residences depicted in the plans feature open plan living and rooms, centrepiece kitchens, three bedrooms, two or three bathrooms, outdoor areas and ample parking.
Currently leased, the existing home can provide a steady income stream, whilst preparations are made for the construction of the townhouses.
In original condition, the existing home comprises three robed bedrooms, bathroom, a lounge and dining room, a functional kitchen, meals area, laundry, ducted heating, a spacious backyard and a single carport.
Snap up this property and bring the provided plans to life, then sit back and reap the rewards of a lucrative investment or enviable lifestyle.
Located in a no-through road, just steps away from Ringwood Train Station, this property is situated within a short walk to Eastland, Town Square and Realm, Costco, Greenwood and Jubilee Parks, Ringwood Lake and Aquanation. It is also only a stone's throw from Greenwood Park Kindergarten, Our Lady of Perpetual Help Primary School, Great Ryrie Primary School, zoned Ringwood Secondary College, Aquinas College and EastLink.
Noel Jones Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
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Property Details for 4 James St, Ringwood

4 James St, Ringwood is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 630m2. The place is currently for sale with Noel Jones Ringwood and Croydon.

Building Type
House
Land Size
630m2

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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 12,116 properties. Over the last 5 years, Houses in Ringwood have seen a 29.78% increase in median value, while Units have seen a 16.07% increase. As at 31 July 2024:

  • The median value for Houses in Ringwood is $1,025,591 while the median value for Units is $625,445.
  • Houses have a median rent of $590 while Units have a median rent of $490.
There are currently 54 properties listed for sale, and 14 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 464 properties were sold in the past 12 months in Ringwood.

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Harlan Holland-Hughes
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Noel Jones Ringwood and Croydon
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