Hudson Bond Commercial are pleased to offer 142 Maroondah Highway, Ringwood. This investment opportunity is situated within arms reach of the bustling Ringwood Town Square, East Link and Ringwood Station.Notable Features:- Prime Location and Frontage on Maroondah Highway- Successful Drive Thru Coffee Business- Passing Rent $26,400 + GST + Outgoings - Excellent foot traffic - Excellent Access to East Link - Proximity to Ringwood Lake and Bedford Park. For further information please contact the Hudson Bond Commercial Team.
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 12,252 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:
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