This home represents an outstanding opportunity for a developer/investor to secure the best parcel of land ripe for unit development(stca) currently for sale in Ringwood.
The home itself is very basic and definitely has seen better years. However the huge parcel of land that it is situated on and the prime position it enjoys make this a very rare opportunity.
The site would suit a 3 or 4 unit development(stca) and the finished townhouses would be highly sought after in this great location.
Adding to the appeal of the property is the corner location as well as already two driveway crossovers, one on Mullum Mullum road and the other on Fyfe Avenue.
Be quick, however with two street frontages we expect this property to sell very quickly.