2/50 New Street, Ringwood, VIC 3134 | Property Value & History | OnTheHouse
OFF MARKET

2/50 New Street
Ringwood VIC 3134

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2351m2
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Property Details for 2/50 New St, Ringwood

Building Type
Commercial
Land Size
2351m2
Local Government
Maroondah
Lot/Plan
G2/PS713793

Last Listing description (May 2025)

- CURRENTLY RETURNING $88,500 PER ANNUM NET
- NEW LEASE TO ESTABLISHED NATIONAL TENANT
- EASY ACCESS TO PUBLIC TRANSPORT AND MAJOR ARTERIAL ROADS

Jellis Craig are pleased to offer for sale via Expression of Interest closing Thursday 27 March at 4pm, this spacious and functional office investment in the heart of Ringwood.

Currently leased to Community Solutions Group Ltd as part of their wider job and recruitment organisation, on a new lease with further options and currently returning $88,500 per annum net plus GST with annual increases.

Well positioned on New Street, this office enjoys the benefits of being in a modern building such as onsite secure car parking bays for six (6) cars, bicycle storage racks, end-of-trip facilities, shared conference room on the ground floor, bathroom and staff lunchroom within tenancy, a flexible floorplan currently providing for open plan workspace, and multiple directors suites / meeting rooms, and ducted heating / cooling throughout.

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:

- Returning $88,500 per annum net plus GST
- New lease to Community Solutions Group Ltd, with further options
- Tenancy area: 197 sqm (approx.)
- Excellent natural light throughout
- Fitted and functional floorspace
- Ducted heating and cooling
- Bathroom with shower in tenancy
- Staff lunchroom within tenancy
- Shared conference room on ground floor
- Allocated basement parking bays (6)
- Ample customer parking in immediate vicinity
- Well serviced by train and bus public transport
- Easy access to Maroondah Highway and Eastlink / Eastern Freeway
- Activity Centre Zone 1
- Suitable for variety of uses (STCA)

Please contact the exclusive sales and marketing agent for further information.

Property History for 2/50 New St, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$1,250,000
20 Mar 2025
Listed for Rent
01 Aug 2018
  • 20 Mar 2025
    Listed for Sale Contact Agent
  • 20 Mar 2025
    Sold for $1,250,000
  • 29 Jun 2018
    Listed for Rent - Price not available
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About 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 12,393 properties. Over the last 5 years, Houses in Ringwood have seen a -1.20% decrease in median value, while Units have seen a 7.39% increase. As at 30 June 2026:

  • The median value for Houses in Ringwood is $1,014,104 while the median value for Units is $655,532.
  • Houses have a median rent of $650 while Units have a median rent of $560.
There are currently 62 properties listed for sale, and 14 properties listed for rent in Ringwood on OnTheHouse. According to Cotality's data, 503 properties were sold in the past 12 months in Ringwood.

Suburb Insights for Ringwood 3134

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.