PLANS AND PERMITS APPROVED
A readymade development opportunity.
An incredibly rare offering on 841 sqm (approx.), this exciting property presents the astute investor, builder or developer a readymade project with plans and permits approved for the construction of two luxury 4 bedroom townhouses.
Positioned in a highly coveted pocket of Ringwood East, the location boasts close proximity to Ringwood East Village with its boutique eateries and shops, train station and bus stop, Burnt Bridge shopping centre, Eastland, EastLink, Yarra Valley Grammar School, Eastwood Primary School and Tintern Grammar.
Zoned GRZ1 and featuring an extra-wide street frontage, those looking for their next project will immediately see the potential of this property. Currently tenanted, you can take your time to plan what your next move will be.
The existing dwelling features great bones if you wish to renovate and offers a spacious lounge that flows through to the meals and kitchen area, with the light-filled kitchen including a stainless steel oven. 3 generously sized bedrooms comprise built-in robes and are conveniently placed near to the bathroom with separate bath and shower. A separate WC can be found adjoining the large laundry. A single garage and off-street parking complete the floorplan, with plenty of open space and lush lawn perfect for a growing family.
Further highlights include air-conditioning and ceiling fans. With all the hard work done in design and planning, this blue-chip development site is ready for reinvention. Don't let this amazing opportunity pass you by, inspect today!