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41 Nelson Street

Ringwood, VIC 3134, Australia
$1.10m
1 bed 1 bath 1 car768m²

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Area Price Guide
$1.03m$1.17m

Indicative price guide range

🏘️
75
Comparable
📊
$890,000
Area median
⚖️
+24%
vs median
📐
$1,432
Per m²
📏
768 m²
Land
🗓️
1 week ago
Listed

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About this property

An exceptional opportunity to secure a vacant parcel of land in one of Ringwood's most highly sought-after growth corridors. Formerly the site of a fire-damaged residence, this now-cleared allotment offers a true blank canvas for future development, featuring valuable Activity Centre Zone Schedule 1 (ACZ1) zoning and an impressive land size of approximately 768sqm. With highly motivated vendors committed to a genuine sale, this property presents an outstanding opportunity for townhouse, multi-unit, or apartment development (STCA). Key Features: Vacant, cleared allotment ready for immediate redevelopment (STCA) Approximately 768sqm of land Activity Centre Zone Schedule 1 (ACZ1) zoning Flat, rectangular corner block providing excellent design flexibility Premium zoning supporting medium to high-density development Ideal for developers, investors, or visionary owner-occupiers Motivated vendors offering a genuine opportunity to purchase Superb Location Benefits: Approximately 1km to Eastland Shopping Centre Around 4 minutes' drive (approx. 1.7km) to Costco Ringwood Walking distance to Ringwood Station and multiple bus routes Convenient access to the Eastern Freeway (M3) for effortless CBD connectivity Zoned for Ringwood Secondary College and close to Great Ryrie Primary School Moments from Aquanation, Jubilee Park, hospitals, cafés, and a wide range of local amenities About the ACZ1 Zoning: The Activity Centre Zone Schedule 1 (ACZ1) encourages vibrant mixed-use and residential development within strategic activity centres. This highly desirable zoning supports higher-density living close to major transport links and commercial hubs, while promoting flexible and integrated urban growth opportunities. Opportunities of this calibre in central Ringwood are exceptionally rare. Don't miss your chance to secure a premium development site with enormous future potential. Photo ID required at all open for inspections. Disclaimer: We have, in preparing this document, used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $5,333/month
    $2,666 /fortnight
    Loan $880,000 at 6.10% over 30 years

    Upfront costs

    Deposit$220,000
    Stamp duty$60,500
    Conveyancing (est.)$2,000
    Total upfront$282,500
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    1
    Bathrooms
    1
    Parking
    1
    Land Area
    768m²
    Listed
    1 week ago

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