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Superbly positioned in a popular leafy neighbourhood close to Eastland Shopping Centre, Ringwood and Ringwood East stations, and a stones throw to Ringwood Secondary College this property offers a unique investment opportunity for the savvy buyer.
Dwelling one is a neat two bedroom, one bathroom home with carport, open plan living and huge potential. Ready to add some touches of your own and live comfortably or perhaps pop in a tenant ($1521 per cal month)
Dwelling two sits at the rear and has separate driveway access via Hill Street, again neat and offering 1 bedroom, bathroom and kitchen plus carport and a delightful yard.
Cozy and fully contained this unit has air and heating and is already leased at $1282 per calendar month.
Known as Unit 1 and Unit 2 18 Sherwood and separately metered, this great opportunity is already set up for immediate return. The total package comes in at 731m2 and offers a great opportunity for those looking to secure fabulous GRZ1 land within the lucrative Ringwood East area. Perhaps you'd like to set and forget and continue leasing, perhaps touch up and house the whole family, or perhaps knock down and rebuild two new fabulous homes.
With so much potential we don't see this one lasting long at all!