Positioned in the heart of Ringwood's thriving growth corridor, this exceptional property presents a rare and highly sought-after opportunity for developers, investors, and visionary buyers alike. Set on approximately 725sqm of prime land, the site benefits from favourable GRZ1 zoning and a DDO3 overlay, offering the potential for a substantial apartment development of up to six levels (STCA).
Beyond its impressive development scope, the property also provides an outstanding opportunity to build a luxury new residence or multiple premium townhouses (STCA), making it a versatile investment with significant future upside.
Ideally located within one of Melbourne's most rapidly evolving and well-connected precincts, the property is just moments from Eastland Shopping Centre, Costco, Ringwood Station, and major transport links, delivering exceptional lifestyle convenience and long-term growth appeal.
Adding further value, the property falls within the highly regarded Ringwood Secondary College zone, enhancing its desirability for both owner-occupiers and future purchasers.
The existing clinker brick residence comprises two bedrooms and modern living amenities, providing flexibility for buyers to renovate, lease out, or redevelop according to their vision.
Surrounded by quality schools, parklands, EastLink access, cafés, and an array of lifestyle amenities, this is a rare opportunity to secure a premium landholding in one of Ringwood's most promising locations.
Whether you are planning a high-density residential project or seeking to capitalise on Ringwood's continued growth and strong market demand, this outstanding property offers exceptional potential and long-term value.
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Disclaimer: We have, in preparing this document, used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
