Developers and Investors this is by far the best multi-unit development site on the market in Ringwood. This allotment of 985m2 enjoys an 22 m. frontage and a depth of 63m. Parcels of land like this in such close proximity to Ringwood railway Station, are few and far between.

The home is in excellent condition, been owned by current owners for the last 30 years. The home offers 5 Bedrooms, lounge dining kitchen Bathroom and ensuite, hardwood floors and too many features to mention. The home has gas ducted heating and re verse cycle air conditioning. 4 car accommodation.

The Choices are obvious, put a tenant in the property and land bank the property, while land prices continue to rise in Ringwood East or alternatively organise your plans and permits to construct 3 prestigious townhouses (stca) in this prized position only 1km from Ringwood Station.

Alternatively you might decide to retain some of the the original home at the front of the property and erect 2 Townhouses (stca) behind the original home at the front. This property offers its owners an amazing opportunity, whether it be for multi-unit development(stca) or to land bank while prices continue to soar.

Appointments; 5 Bedrooms, 2 Bathrooms Ducted gas Central Heating and reverse cycle air conditioning.