96-98 Maroondah HighwayRingwood VIC 3134
Property Details for 96-98 Maroondah Hwy, Ringwood
Last Listing description (November 2023)
JLL Hotels & Hospitality and Stonebridge Property Group are pleased to present to market The Sebel Melbourne Ringwood.
- Near-new hotel built to an exceptional standard, featuring 103 rooms & suites, 'The Orchard' restaurant & bar, and state-of-the-art conference facilities
- Situated within a booming metropolitan economic centre with strong government investment
- Operated under a Franchise Agreement with vacant possession of management or a secure leaseback option available
The Sebel Melbourne Ringwood is being offered For Sale via Private Treaty.
Property History for 96-98 Maroondah Hwy, Ringwood, VIC 3134
- 07 Jun 2024Sold for $32,000,000
- 15 Aug 2023Listed for Sale Contact Agent
- 19 Apr 2017Sold for $5,775,000
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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 12,118 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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