FOR SALE
$25,000

Contact Agent For Address
Ringwood North VIC 3134

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 60m2
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Good business for new starters

This well-known local Asian take away shop is located in a small busy shopping center off a main road, it has been popular with lots of regular local customers as through the online, it has the beauty as follow:
* Good position in the local shopping center, good traffic flow
* Well established business with all needed equipments
* Taking $4-5,000+ per week guaranteed
* Low rent of $600 (no GST) per week
* Good lease of 5+5 years
* Selling price $25,000 + SAV (WIWO)
* 5.5 days a week of easy operations
* Long time regular customers, high profit margins
* Or great for someone to start a new business
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Property Details for Contact Agent For Address, Ringwood North

Building Type
Commercial
Floor Size
60m2

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About Ringwood North 3134

The size of Ringwood North is approximately 5.2 square kilometres. It has 19 parks covering nearly 10.4% of total area. The population of Ringwood North in 2011 was 9,656 people. By 2016 the population was 9,823 showing a population growth of 1.7% in the area during that time. The predominant age group in Ringwood North is 50-59 years. Households in Ringwood North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ringwood North work in a professional occupation. In 2011, 87% of the homes in Ringwood North were owner-occupied compared with 85.7% in 2016.

Ringwood North has 4,019 properties. Over the last 5 years, Houses in Ringwood North have seen a 26.18% increase in median value, while Units have seen a 5.08% increase. As at 30 November 2024:

  • The median value for Houses in Ringwood North is $1,229,623 while the median value for Units is $824,894.
  • Houses have a median rent of $650 while Units have a median rent of $595.
There are currently 13 properties listed for sale, and no properties listed for rent in Ringwood north on OnTheHouse. According to CoreLogic's data, 146 properties were sold in the past 12 months in Ringwood north.

Suburb Insights for Ringwood North 3134

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Shaun Ma
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Oxbridge Property Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.