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Rare Dual Block Development Opportunity in Ringwood

Ringwood, VIC 3134, Australia
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About this property

• Two separate titles - ideal for dual income or future redevelopment • Land dimensions: 18m frontage x 50.3m depth (each) approx. • Total monthly rental income: approx. $4,000 This is your chance to secure two side-by-side properties spanning a combined 1,808 sqm (approx.) with an impressive 36m frontage in one of Ringwood's most sought-after pockets. Perfect for developers, investors, or families looking to create their dream residence, this premium parcel offers multiple possibilities. • Renovate and lease for immediate returns • Knock down and build a luxury family home • Explore a multi-dwelling development (STCA) Location Advantages • Eastland Shopping Centre minutes away • Ringwood Train Station for effortless commuting • Easy access to Eastlink and major arterials • Close to Ringwood Secondary College, Norwood Secondary College, and Kalinda Primary School • Jubilee Park and Mullum Mullum Trail within walking distance This is a rare opportunity to secure a substantial landholding with outstanding development and lifestyle potential. Chattels: All fittings and fixtures as inspected. Deposit Terms: 5 % or 10% of the purchase price. Preferred Settlement: 30/45/60 Days. Note: This drawing is an artistic interpretation of the design. It is not meant to be an exact rendition. There are images of the property under construction For more information or to schedule a private viewing, contact Nick Kaura on 0415551303 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. Prospect 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/duediligencechecklis

Property Details

Property Type
land
Listing Type
For Sale
Land Area
1808 m²
Listed
3 months ago

Repayment calculator

$4,436/month
$2,218 /fortnight
Loan $732,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$183,000
Stamp duty$49,970
Conveyancing (est.)$2,000
Total upfront$234,970
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.

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Neighbourhood

Living in Ringwood

This land in Ringwood, VIC 3134 sits within reach of public transport, local shops and nearby schools.

Schools near Ringwood

  • Yarra Valley Grammarcombined · Prep-12 · CoEd
  • Kalinda Primary Schoolprimary · Prep-6 · CoEd
  • Mullum Primary Schoolprimary · Prep-6 · CoEd
  • Our Lady of Perpetual Help Schoolprimary · Prep-6 · CoEd
  • Aquinas Collegesecondary · 7-12 · CoEd
  • Indie School Wodonga - Indie School Ringwood Campussecondary

What's nearby

  • Andrew St/Ringwood St (bus)2.6 km away
  • mycar Tyre & Auto2.7 km away
  • Unnamed2.1 km away
  • Ringwood Lake Park2.2 km away
  • Gabriella Court Reserve2.2 km away

Ringwood at a glance

Full suburb profile
Population
19,144
Median age
38
Household income
$1,654/wk
Median rent
$381/wk
Median mortgage
$2,000/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Ringwood price trend

Median sold · House 3 bed

Compound growth -0.4% / yr over 4 yrs

$973kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Ringwood market

Within 5km

Nearby Properties

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