Prime Development Opportunity (STCA): 8 & 10 Oban Road, Ringwood
A rare and flexible opportunity in the heart of Ringwoodsecure one or both of these substantial allotments, each offering 904sqm (approx.), for a combined total of 1,808sqm (approx.). Whether you're a developer, investor, or land banker, this is a standout chance to capitalise on a prime location (STCA).
10 Oban Road features two separately tenanted units, delivering immediate rental income. The main residence offers three bedrooms and one bathroom, while the second dwelling comprises two bedrooms and one bathroomtogether providing strong rental appeal and versatility.
8 Oban Road presents a well-kept three-bedroom home, also currently leased, set on its own generous 904sqm (approx.) block.
Zoned GRZ1, both properties offer exciting scope for redevelopment (STCA), whether purchased individually or as a combined site. The land backs onto a peaceful reserve, enhancing privacy and providing a desirable natural outlook.
Perfectly positioned, you're just moments from Ringwood Square and Eastland Shopping Centre, along with public transport, quality schools including Great Ryrie Primary School and Ringwood Secondary College, and a range of local amenities.
With all dwellings currently tenanted, you can enjoy immediate holding income while planning your next move.
Buy one or secure bothopportunities like this are increasingly rare in such a tightly held pocket of Ringwood.
Contact us today to arrange your inspection and explore the potential.
DISCLAIMER: All stated dimensions in the content and photos are approximate only.
Due diligence check list:
http://www.consumer.vic.gov.au/duediligencechecklist
Features
8 bedrooms
3 bathrooms
directions_car6 carspaces
crop_free1808 m² lot size
cottageHouse
Property history for 8 Oban Road
2022
Sold
Undisclosed
Private Sale/Treaty on 17 Jun 2022 by Isaac Fakhri, of Bill Schlink First National
Happy sellers in Ringwood
73%
sentiment_satisfied
73% of sellers in Ringwood reported that their sale price either exceeded or met their price expectations.
Ringwood stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 39 reviews in Ringwood over the last 12 months.
Local market activity for 8 bedroom houses in Ringwood
Sold
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