68/68A Wantirna RoadRingwood VIC 3134
Property Details for 68/68a Wantirna Rd, Ringwood
68/68a Wantirna Rd, Ringwood is a 6 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 732m2. While the property is not currently for sale or for rent, it was last sold in September 2017.
Last Listing description (October 2017)
Resting on a sizeable 732 sq m allotment sits two, 3 bedroom units on the one title. Currently zoned General Residential 1 (GRZ1), this property has boundless opportunities in the Ringwood Secondary College zone.
Just a stone's throw from Eastland, EastLink, Ringwood Square Shopping Centre, Costco, Jubilee Park, Aquanation and Ringwood train station, the location is supremely convenient. Nestled behind a brick pillar fence and landscaped front gardens, the first unit greets you with an attractive weatherboard faade. Step inside to discover high ceilings and polished timber floors. The north-facing living room adjoins a very spacious kitchen which access the low-maintenance, private courtyard. 3 robed bedrooms, bathroom, powder room, outdoor blinds, gas heating, garden shed and a single carport complete this well-rounded home.
The rear unit boasts a brick veneer faade and single auto garage, with a very similar floorplan to the front unit it also comprises polished timber floors that flow through the large living room filled with northerly light. Sliding doors from the living room access the generously-sized gardens that include a paved area for outdoor entertaining plus a grassed area perfect for children to enjoy. Further highlights include the expansive kitchen, 3 robed bedrooms, bathroom, powder room, outdoor blinds and gas heating.
Perfectly serviceable as they stand now, there is the capacity for further updates with a modern renovation or investigating the possibility of demolishing both residences to create a brand new, multi-unit development site (STCA.).
Astute investors/developers will recognise what an outstanding opportunity this property presents. Don't delay, make sure you secure this potential-packed property that's so close to the vibrant heart of Ringwood. Opportunities like this don't come along often.
Property History for 68/68a Wantirna Rd, Ringwood, VIC 3134
- 23 Sep 2017Sold for $1,330,000
- 25 Aug 2017Listed for Sale Auction This Saturday
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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 12,118 properties. Over the last 5 years, Houses in Ringwood have seen a 29.81% increase in median value, while Units have seen a 16.78% increase. As at 31 August 2024:
- The median value for Houses in Ringwood is $1,034,046 while the median value for Units is $637,138.
- Houses have a median rent of $600 while Units have a median rent of $500.
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