12 14 & 16 Regina Street Ringwood Vic 3134

Ringwood

SOLD

12 14 & 16 Regina Street Ringwood Vic 3134

Properties / Sold / Victoria / Ringwood

Development Potential

Property Type

Residential

Land Area

3,073 sqm (*approx)

LGA

Maroondah City

Selling Method

SOLD: 16 Mar 2018

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A Once in a Lifetime Opportunity

SOLD!

Located in what is arguably Ringwood’s most exclusive cul-de-sac, we offer three adjoining parcels of land with limitless potential. This rare package deal measures 3073sqm (approx.) and is zoned GRZ1, all overlooking the stunning Jubilee Park.

Each site could individually hold several townhouses or a forever family home (all subject to council approval). Alternatively, combining the blocks opens up endless possibilities to design and set a new benchmark for luxury living in the area with potential for a high-end complex comprising multiple town residences or units (also subject to council approval).

There are further options to explore:

*12 Regina Street – sited on 1028sqm (approx.) and features three bedrooms, one bathroom and two living areas. Currently occupied by a steady tenant willing to stay on. Also has approved plans and permits in place for three double storey townhouses (2x 4 bedroom, 1x 3 bedroom).

*14 Regina Street – sited on 1017sqm (approx.), in excellent condition. Features four bedrooms and two bathrooms. Could also be rented out.

*16 Regina Street – 1030sqm (approx.) vacant block. Plans for three double storey townhouses awaiting approval.

Investors, developers and land bankers alike will relish the opportunity to make their mark in this unique location, no matter which avenue they choose to pursue.

An additional drawcard here is the convenience to first-class amenities including Aquanation, Aquinas College, Eastland, Costco and Ringwood Station. There’s also Ringwood Secondary College zoning and easy access to EastLink.

Remember to mention you found this property on DevelopmentReady

Development Potential