16 Oban Road, Ringwood, Vic 3134

Bedrooms
3
Bathrooms
1
Area
1011m2
Type
House

Last updated on Monday, February 19, 2024

$1,230,000

16 Oban Road, Ringwood, Vic 3134 - More Details

$1,230,000

An exclusive opportunity awaits investors or developers interested in this residential property with a storefront, providing significant value for those seeking a lucrative investment or a potential redevelopment site spanning approximately 1011sqm (subject to council approval). Currently leased to the popular Oban Pizza and Takeaway Food outlet, yielding $30,000 per annum, the property consists of a three-bedroom residence with a bathroom, laundry, kitchen/meals area, and a separate living room. The storefront includes a kitchen/meal preparation zone, a pizzeria, and an adjoining takeaway food store.

Accessible through a side driveway and extending towards the adjacent Peter Vergers Reserve, the sizable backyard presents a compelling case for future development possibilities, subject to council approval. Positioned ideally near Melba College, Eastland Shopping Centre, parklands, buses, Mullum Mullum Creek Trail, and EastLink Freeway, this property holds a prime location.

This property was sold Off Market by Nathan Papadopoulos and James Goulopoulos.
Type
House
Bedrooms
3
Bathrooms
1
Area
1011m2

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16 Oban Road Ringwood VIC 3134

Property FAQs

How many bedrooms does the property listed 16 Oban Road, Ringwood, Vic 3134 feature?

16 Oban Road, Ringwood, Vic 3134 is a 3 bedroom House.

What are the standout features of the 16 Oban Road, Ringwood, Vic 3134?

Explore all key property features for 16 Oban Road, Ringwood, Vic 3134. Click here to find out more.

What is the total land area and built-up area of the 16 Oban Road, Ringwood, Vic 3134?

The total land area and built-up area of the 16 Oban Road, Ringwood, Vic 3134 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 16 Oban Road, Ringwood, Vic 3134?

There were no car spaces found on the listing for 16 Oban Road, Ringwood, Vic 3134.

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