Ringwood East Median PriceThe House price is 12% higher than last year. Surrounding suburbs | Floorplan | Map | Nearby prices | Property Description: | Savvy Developers or Investors will want to act now to secure this flat corner block of land measuring 1151 sqm. (approx.). It's set in a high profile location and is zoned Road Zone Category 1, presenting you with a number of exciting options. This fantastic parcel of land is situated on the corner of Old Lilydale Road and Mt. Dandenong Road, with driveway access from the service road on Mt Dandenong Road. With its close proximity to Maroondah Hospital and Ringwood Private Hospital, it could be the perfect site for a medical centre, car park or other business enterprise. Alternatively you could get plans and permits organised for 2-3 townhouses and build them on the site (STCA) or you could land bank it and re-sell in future. The business and/or commercial possibilities for this site are endless. For the past twenty years the property has been used as a garden nursery. It's now been cleared, apart from a small portable office. This is an opportunity to make your mark in a most highly sought-after location. Close to local shops, Ringwood East station, bus, quality government/private schools, Eastland and EastLink freeway. You'll need to be quick - enquire today! Lot/Plan No: 1/TP854858 | Search neighbour's planning permit | Property report from Government |
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