2/30 Mt Dandenong Rd, Ringwood East is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 157m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in May 2016.
Rarely will you find an opportunity that ticks all the boxes quite like this delightful property does. Set back from the road in a quiet complex of 4, the unassuming brick faade gives little away as to what lies beyond the front door. Making a lasting first impression, the light-filled interior has undergone a recent renovation, completely transforming it into a contemporary, low-maintenance residence featuring a living room, kitchen/meals area with stainless-steel appliances, dishwasher, corner pantry and 4-burner gas stove, and 2 double bedrooms (BIRs) serviced by a modern bathroom.
Then there's the outstanding location - within walking distance of the beautiful Ringwood Lake and just moments from central Ringwood, you'll find the new Eastland precinct, public transport, restaurants, cafes and shops right on your doorstep. Add to this a great, long-standing tenant and you have the perfect addition to your investment portfolio with a return of approximately $1434 per month.
So what are you waiting for? All the hard work has been done. Just ring and inspect today!
Bonus features include: polished timber floors, split-system heating and cooling, European-style laundry, ceiling fans, courtyard and 2 x carports.
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 5,491 properties. Over the last 5 years, Houses in Ringwood East have seen a 19.43% increase in median value, while Units have seen a 13.74% increase. As at 31 October 2024:
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