Set on an expansive 838sqm (approx.) allotment with a wide 18.3m frontage, this prime Ringwood property presents an outstanding opportunity for savvy investors and developers. Perfectly positioned in a peaceful, tree-lined pocket, the site is ideally suited to a rooming house conversion, multi-dwelling redevelopment (STCA), or as a long-term investment with strong rental prospects.
The existing brick home offers comfortable spaces with generous proportions and a large rear yard, allowing flexibility for future improvements. With its broad frontage and near-level block, the land offers a fantastic canvas for investors seeking to unlock its full potential.
Situated in a high-growth location, the property is just moments from Eastland Shopping Centre, Norwood Secondary College, Ringwood Train Station, Eastlink, and a range of lifestyle amenities. This makes it exceptionally attractive for both renters and future occupiers, further strengthening its appeal as an investment.
Whether you're looking to establish a high-yield rooming house, redevelop into multiple dwellings (STCA), or landbank in a premium growth corridor, this is a rare chance to secure a high-growth property in a sought-after Ringwood location.
Property ID: #L33483684
