Price on Request
128 Railway Avenue, Ringwood East VIC 3135
13 Beds
8 Baths
4 Garage
836m2
Inspection Time
Contact property manager
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Market Insights
Property Highlights
Local performance data and area demographics updated in real-time.
Growth Zone
12.4% Annual appreciation
Top Schools
Tier 1 Primary Zone
Buyer Rewards
Exclusive Benefits
Available to customers who purchase through the Wurley ecosystem.
$200 Discount
Conveyancing Fees
$1,000 Cash
Wurley Loan Bonus
Buyer Rewards
Exclusive Benefits
Available to customers who purchase through the Wurley ecosystem.
$200 Discount
Conveyancing Fees
$1,000 Cash
Wurley Loan Bonus
Instant Offer
Skip the market
Enter your offer for immediate review. Successful bids can settle in 14 days.
No Clauses Required
Digital Bidding
Currently Closed
The agent hasn't enabled live bidding yet. Be first to know when it opens.
Market Insights
Property Highlights
Local performance data and area demographics updated in real-time.
Growth Zone
12.4% Annual appreciation
Top Schools
Tier 1 Primary Zone
Rooming house with strong return
On the cusp of Ringwood East Shopping Village and the train station, this unique property would make the ideal cash flow investment for your property portfolio., , The two-level brick building is a registered rooming house comprising 13 bedrooms, eight bathrooms, communal kitchen and living areas plus onsite parking. Currently returning $79,494 PA plus GST and outgoings (due for CPI increase in September), it simply stacks up. , , Situated on a large corner allotment of 836 sqm approx., on the edge of the retail strip, it's General Residential 1 Zoning offers potential for multi-level residential development subject to council approval. , , In a wonderfully convenient neighbourhood zoned for prestigious Ringwood Secondary College, walk to Tintern Grammar and Eastwood Primary School. Close to Maroondah Hospital, Eastland and Eastlink and the Ringwood East shopping village and station across the road., , Contact William Lyall or Jessica Clarke to receive the Information Memorandum.
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Property Features
Land Size
836 m2
Building Size
-- m2
Car Parks
4
Bathrooms
8
What's Nearby
Schools Directory
* Disclaimer: This property is a third-party listing. All information provided is sourced externally and meant for your convenience.
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