Parkside Ringwood Address with Approved Plans & PermitsThis is a rare and remarkable opportunity to buy into one of Ringwood’s most sought-after streets in close proximity of Jubilee Park and central Ringwood.
Measuring an impressive 1028sqm (approx.) with approved plans and permits for three double storey townhouses, the property will ultimately appeal to developers.
*Townhouse 1 – 4 bedroom with double master with ensuite, one master downstairs DLUG
*Townhouse 2 – 4 bedroom with double master with ensuite, one master downstairs DLUG
*Townhouse 3 – 3 bedroom with master downstairs DLUG
Alternatively, new home site buyers could build one brand new residence (subject to council approval) or investors may choose to rent out the existing dwelling. In original condition currently tenanted, the home features three bedrooms, one bathroom and separate living spaces.
A major drawcard here is the position which is in easy walking distance of Aquanation, Aquinas College, Eastland, Costco and Ringwood Station. It further boasts Ringwood Secondary College zoning and easy access to EastLink.
Whatever you decide, the fantastic location will ensure a great return.