102 Maroondah HighwayRingwood VIC 3134
Property Details for 102 Maroondah Hwy, Ringwood
Last Listing description (July 2025)
This is your opportunity to secure a freehold premises in Ringwoods Activity Zone.
Currently leased to the iconic 5 Star Music and occupying approx. 288sqm of land it could be your ideal investment, your own business premises or future development site (STCA)
* Activity Centre Zone (Sch 1)
* Land 288sqm approx.
* Expansive open plan showroom / retail /office space
* On site parking plus ample public parking within easy walking distance
* Vibrant central location surrounded by busy retail and dining
* Less than 250m from Eastland Shopping Centre and Ringwood Station
* Unsurpassed convenience just a two-minute drive from EastLink
* Currently leased at $46,521.36++ per annum
* Freehold sale only
Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.
Property History for 102 Maroondah Hwy, Ringwood, VIC 3134
- 31 May 2025Listed for Sale Contact Agent
- 31 May 2025Sold for $900,000
Recent sales nearby
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0About Ringwood 3134
The size of Ringwood is approximately 10.2 square kilometres. There are 35 parks, covering nearly 13.2% of the 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 12,417 properties. Over the last 5 years, Houses in Ringwood have seen a -4.31% decrease in median value, while Units have seen a 5.38% increase. As at 31 July 2026:
- The median value for Houses in Ringwood is $996,092 while the median value for Units is $649,207.
- Houses have a median rent of $650 while Units have a median rent of $565.
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