FOR SALE
FOR SALE

53 Warrandyte Road
Ringwood VIC 3134

Bedrooms: 3
Bathrooms: 1
Car spaces: 5
Land area: 993m2
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Prime Development Opportunity in Ringwood!

Attention Developers and Entrepreneurs!
Are you seeking a golden opportunity to make your mark in the bustling heart of Ringwood? Look no further!
Presenting 53 Warrandyte Rd, a strategically located property offering endless potential for Residential or commercial development.
Key Features:
• Premium Location: Situated in the vibrant hub of Ringwood, this property enjoys unparalleled exposure and high traffic flow, ensuring maximum visibility for your future venture.
• Generous Land Size: Boasting a substantial land area (993m2), this property provides ample space for a large home, multiple townhouses, or creating a thriving commercial establishment tailored to your vision.
• Versatile Zoning: With flexible zoning regulations, this site offers endless possibilities for development, whether you're envisioning retail spaces, offices, or mixed-use premises.
• Surrounded by Amenities: Nestled amidst a diverse range of amenities, including shopping centres, restaurants, parks, and public transport options, this location offers convenience at its finest.
• Medical Centre, Allied Health Clinic, Hair Dressing Salon, Aesthetic Clinic, whatever your ambition - this is the opportunity for you!
Whether you're a seasoned developer or an ambitious entrepreneur, seize this rare opportunity to shape the future of Ringwood's commercial landscape. Don't miss out on securing this prime piece of real estate!
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Property Details for 53 Warrandyte Rd, Ringwood

53 Warrandyte Rd, Ringwood is a 3 bedroom, 1 bathroom House with 5 parking spaces. The property has a land size of 993m2. The place is currently for sale with Ray White Mount Waverley.

Building Type
House
Land Size
993m2

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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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Jay Warnak
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Zachary Zhang
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Ray White Mount Waverley
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