1/303 Maroondah HighwayRingwood VIC 3134
Property Details for 1/303 Maroondah Hwy, Ringwood
Last Listing description (November 2019)
The property comprises a ground floor office of 80m2 approx. including open plan area, reception, air-conditioning, great natural light, associated amenities, one (1) car space on title and abundant on-site car spaces. The property is well presented and maintained.
The property is offered for sale subject to a Lease, with the following commercial terms;
* Rental: $27,500 per annum plus outgoings plus GST
* Lease Commencement: 29th March 2019
* Lease Term: Three (3) Years
* Options: Three (3) Years
* Reviews: Annual CPI increases and Market Review at option
* Security Deposit: An amount of $5,000 by cash
* Guarantees: Director
The property is located adjacent to the Ringwood Bypass on the EastLink and is only a few minutes to Eastland Shopping Centre, Costco, Bunnings and Ringwood Train and Bus Station. Ringwood is a commercial and transport hub and is conveniently located for all services and facilities.
Call Now or Miss Out!
Property History for 1/303 Maroondah Hwy, Ringwood, VIC 3134
- 16 Oct 2019Listed for Sale CONTACT AGENT
- 30 Sep 2019Sold for $458,000
- 04 Apr 2019Listed for Sale Not Disclosed
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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 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 12,341 properties. Over the last 5 years, Houses in Ringwood have seen a 21.23% increase in median value, while Units have seen a 15.98% increase. As at 31 December 2025:
- The median value for Houses in Ringwood is $1,092,276 while the median value for Units is $658,742.
- Houses have a median rent of $608 while Units have a median rent of $550.
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