SOLD
Sold on 28 Jun 2024 for $505,000

6/13 Molan Street
Ringwood VIC 3134

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3912m2
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Property Details for 6/13 Molan St, Ringwood

Building Type
Commercial
Land Size
3912m2
Local Government
Maroondah
Lot/Plan
6/RP14870

Last Listing description (October 2013)

FANTASTIC AFFORDABLE OFFICE / WAREHOUSE UNIT
GormanKelly is pleased to offer Unit 6, 13 Molan Street Ringwood for private sale.
Offering a fantastic and rare opportunity to secure a good quality affordable and versatile warehouse/office in a well regarded and sought after complex. The building offers a versatile layout with 59m2 of office accommodation which could be further expanded or reduced if required. In additional there is 83m2 of warehouse, offering clearspan accommodation with good internal clearance. There is front roller shutter door access and two onsite carparks plus ample onsite visitor parking.

The property occupies a fantastic location in Molan Street which is accessible by Heatherdale Road and New Street and provides prompt access to Maroondah Highway and Eastlink. Furthermore the property is in close proximity to Eastland, Ringwood Square Shopping Centre and is well serviced by bus and train services.
Contact us today to arrange an inspection or for further information.

Property History for 6/13 Molan St, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$505,000
28 Jun 2024
  • 28 Jun 2024
    Sold for $505,000
  • 17 Jul 2015
    Transferred
  • 10 Oct 2013
    Sold for $335,000
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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 12,176 properties. Over the last 5 years, Houses in Ringwood have seen a 23.86% increase in median value, while Units have seen a 12.71% increase. As at 31 October 2024:

  • The median value for Houses in Ringwood is $1,024,541 while the median value for Units is $637,463.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 55 properties listed for sale, and 18 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 486 properties were sold in the past 12 months in Ringwood.

Suburb Insights for Ringwood 3134

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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.