3 Units - 1 Title - 905sqm Approx. of OpportunityA truly unique opportunity exists to purchase a prime slice of real estate in the heart of thriving Ringwood. With three units on the one title, buyers can secure their future - either as a portfolio investment or reside in one and rent out the others.
Alternatively, the corner block measuring 905sqm (approx.) is within a Residential Growth Zone and has outstanding potential to be developed into multiple homes set over multiple levels (all subject to council approval).
This incredibly central location is in easy walking distance of Eastland, Costco, Ringwood Lake, Ringwood Secondary College and a variety of public transport options. EastLink/Eastern Freeway is moments away as is Aquanation Leisure Centre and a number of walk/bike trails.
*Unit 1 - 3 bedrooms & 1 bathroom
*Unit 2 – 2 bedrooms & 1 bathroom
*Unit 3 – 2 bedrooms & 1 bathroom
Combined potential rental return of $3618 per calendar month.