Appleby Commercial is pleased to offer 1/16 Molan Street, Ringwood to the market For Sale.Located within the highly sought-after precinct of Ringwood the property enjoys exceptional connectivity being just minutes from Eastlink and a number of arterial roads.Property Features: - Building Area: 347m2 (Ground Floor: 282m2 + First Floor: 65m2)- Street Frontage- Versatile Layout- Currently Leased at $3,300 per month (under market rental rate)For further information or to arrange an inspection contact Appleby Commercial.
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 2016 was 17471 people. By 2021 the population was 19144 showing a population growth of 9.6% 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 2021, 57.80% of the homes in Ringwood were owner-occupied compared with 58.60% in 2016.
Ringwood has 12,359 properties. Over the last 5 years, Houses in Ringwood have seen a 12.18% increase in median value, while Units have seen a 10.33% increase. As at 31 March 2026:
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