Remarkably rare, these two side-by-side corner allotments measuring a total of 1754sqm approx. represent a once in a lifetime, Blue Chip opportunity for builders and developers keen to commence their next large-scale project in the ACZ1 zone (STCA), with plans and permits approved for thirteen 3-bedroom tri-level terrace homes, each boasting a double, secured car space.
Furthermore, for those wishing to obtain an income whilst they bring on board various tradespeople, the four existing dwellings can be leased out in the interim, with all four currently offering a steady rental income.
13 Larissa Ave, is currently home to a comfortable three-bedroom family home, boasting a large lounge and dining room plus a covered deck, while additional extras include heating and cooling, a double garage and a tandem carport. Three units occupy the site at 14 Bardia St; Unit 1 offers a 3-bedroom, 1-bathroom layout, while Units 2 & 3 both boast a 2-bedroom, 1-bathroom configuration.
Located for long-term appeal within the dual school zones of Great Ryrie Primary and Ringwood Secondary College (STSA), only meters from Eastland Shopping Centre, cafes and restaurants, Mullum Mullum Creek Trail, Ringwood Lake Park and Ringwood Train Station, near Costco, Aquinas College, Jubilee Park, Aquanation and Eastlink.
