These vast and versatile adjoining properties - of approximately 1425SQM - present an outstanding opportunity to develop with Town Planning plans and permits for a boutique apartment complex.
Boasting 27 apartments spread across 4 levels, the proposed development will feature 25x2 bedroom apartments, 2x3 bedroom apartments and the added convenience of a 30-space basement carpark.
Benefiting from a fantastic position moments from an array of leading amenities, the property is complemented by the Ringwood Transit City: Urban Design Master Plan, which is contributing to the increased demand for property, residential development and the overall future growth of the area.
With exciting plans set to transform Ringwood, this is truly an exceptional offer not to be missed.
Location highlights include:
*Walking distance to Costco (466m approx) & Eastland (754m approx)
*Walking distance to Ringwood Station & Ringwood Square shops
*Short drive to the Eastern Freeway/Eastlink
*Near to leading schools incl. Ringwood Secondary
*Close proximity to parks, reserves & bike trails
Land Area: 1,425 sqm
Parking: 2 cars