1/135A Warrandyte Road, Ringwood North VIC 3134

3 bed 2 bath unit | 4 car spaces rare | Ringwood North lifestyle | premium complex positioning This property presents a rare configuration advantage for a multi-unit building, offering four car spaces where comparable units in the same complex hold two. For a buyer seeking a genuine three-bedroom, two-bathroom floorplan with ensuite and walk-in robe, this unit competes directly with the recently sold $875,000 unit 5/135A, suggesting strong price support. The location in Ringwood North appeals to families or professionals wanting established amenity without inner-ring premiums. The main bedroom suite and second bathroom layout serve owner-occupiers well, while the parking surplus adds tangible rental appeal. The primary risk lies in the absence of recent comparable sales for unit 1 itself, making price discovery dependent on the July 2025 sale of unit 5. That sale, showing significant long-term appreciation, confirms the complex holds value but does not guarantee unit 1’s condition or finish matches. The buyer should verify renovation status versus unit 5’s fully updated state. Opportunity exists in negotiating from the known $875,000 benchmark, particularly if this unit requires cosmetic work. Hold this property as a long-term owner-occupied home or stable rental, leveraging the parking edge for tenant retention.