1/86 Mt Dandenong Rd, Ringwood East is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 448m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Ringwood East in the last 12 months.
AUCTION: SATURDAY 13TH OF APRIL AT 2.00PM (unless sold prior).
Possessing a prominent position in Ringwood East, this superb property provides a host of possibilities for owner occupiers or savvy investors wanting to establish a medical or allied health service with a license for two practitioners.
The current configuration features a reception and waiting area, kitchenette, large meeting room with fireplace and three offices/consulting rooms, each fitted with sinks. Complemented by separate staff and patient amenities, laundry facilities, alarm system, ducted heating, split system air conditioning plus five valuable off-street parking spaces.
Alternatively, the property could be easily reconfigured back into a fabulous family residence with thanks to a builder or renovator who's ready to roll up their sleeves and explore the potential.
Situated in a convenient location that benefits from high exposure to passing vehicle traffic, walking distance to Maroondah Hospital, Dorevitch Pathology, Ringwood East shops, Ringwood East Train Station and buses, near Eastland Shopping Centre plus Eastlink.
The size of Ringwood East is approximately 4.7 square kilometres. It has 16 parks covering nearly 6.7% of total area. The population of Ringwood East in 2011 was 9,748 people. By 2016 the population was 10,285 showing a population growth of 5.5% in the area during that time. The predominant age group in Ringwood East is 30-39 years. Households in Ringwood East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ringwood East work in a professional occupation. In 2011, 71.1% of the homes in Ringwood East were owner-occupied compared with 68.3% in 2016.
Ringwood East has 5,425 properties. Over the last 5 years, Houses in Ringwood East have seen a 26.51% increase in median value, while Units have seen a 20.23% increase. As at 31 August 2024:
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