11/50 New StreetRingwood VIC 3134
Property Details for 11/50 New St, Ringwood
Last Listing description (March 2025)
* MODERN OFFICE BUILDING IN THE HEART OF RINGWOOD
* EASY ACCESS TO PUBLIC TRANSPORT AND MAJOR ARTERIAL ROADS
* ESTIMATED RENTAL RETURN APPROX. $40,000 - $45,0000 PER ANNUM NET
Jellis Craig are pleased to offer for sale, this spacious and functional open plan office in the heart of Ringwood.
Well positioned on New Street, this office enjoys the benefits of being in a modern building such as onsite secure car parking bays for four (4) cars, bicycle storage racks, end-of-trip facilities, lift access to all levels, shared conference room on the ground floor, shared bathrooms, and a flexible floorplan currently providing for reception / waiting area, open plan office, meeting room / boardroom, kitchenette, ducted heating / cooling throughout and an alarm system.
All this with the convenience of being set amongst a number of popular national retailers and businesses such as McDonalds, Bunnings, Coles, Aldi, Costco, Genesis Health Club and within just a short walk from Eastland Shopping Centre and Ringwood train station.
Features:
-Suite area: 112 sqm (approx.)
-Fitted and functional floorspace
-Reception / waiting area
-Open plan office, with excellent natural light
-Meeting / Boardroom
-Ducted heating and cooling
-Alarm system
-Shared bathroom facilities, with shower
-Shared conference room on ground floor
-Allocated basement parking bays (4), with fitted electric car charger
-Ample customer parking in immediate vicinity
-Lift access to all levels, including car park
-Well serviced by train and bus public transport
-Easy access to Maroondah Highway and Eastlink / Eastern Freeway
-Activity Centre Zone 1
-Estimated rental returned approx. $40,000 - $45,000 pa net
-Suitable for variety of uses (STCA)
Please contact the exclusive sales and marketing agent for further information.
Property History for 11/50 New St, Ringwood, VIC 3134
- 06 Dec 2024Listed for Sale Contact Agent
- 06 Dec 2024Sold for $680,000
- 10 Feb 2023Transferred
Recent sales nearby
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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 12,331 properties. Over the last 5 years, Houses in Ringwood have seen a 7.61% increase in median value, while Units have seen a 7.25% increase. As at 30 April 2026:
- The median value for Houses in Ringwood is $1,056,487 while the median value for Units is $647,077.
- Houses have a median rent of $650 while Units have a median rent of $550.
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