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7
sold
House
16 Oban Road, Ringwood, VIC 3134 - Thumbnail 1 - 20/05/2019
16 Oban Road, Ringwood, VIC 3134 - Thumbnail 2 - 20/05/2019+ 4

16 Oban Road
Ringwood VIC 3134

House
3
1
$950,000Fri 21st October 2016
$950,000

Office Contact

Barry Plant Ringwood & Heathmont

03 9870 5555

Rare Dwelling/Shop Front on Prime 1012sqm

A unique opportunity presents itself for investors or developers with the offering of this residential dwelling with shop front, creating a significant value added proposition for those seeking a high yield investment or future redevelopment site on 1012sqm approx. (STCA). Currently leased on a 3x3x3 year basis by the well patronized Oban Pizza and Takeaway Food outlet, returning $22,308p.a. The premises offers a three bedroom residence accompanied by a bathroom, laundry, kitchen/meals and separate living room. While the shop front features a kitchen/meal preparation zone, pizzeria and adjoining takeaway food store. Accessed via a side driveway and extending well back to the adjoining Peter Vergers Reserve, the large backyard generates an enticing argument for future development, if desired (STCA). In a prime position, close to Melba College, Eastland Shopping Centre, parkland, buses, Mullum Mullum Creek Trail and EastLink Freeway.

For Due Diligence Checklist - see Consumer Affair Website - www.consumer.vic.gov.au/duediligencechecklist

Office Contact

Barry Plant Ringwood & Heathmont

03 9870 5555

Ringwood
VIC 3134

Number of Residents
19,144
Median Sale Price
$742,500
Median Rental Price
$603p/w
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