Watch Watch
Your home of Development Ready videos
Watch Watch
Back
Sold Check

12-14 Pitt Street, RINGWOOD, VIC 3134

+57 Photos

12-14 Pitt Street, RINGWOOD, VIC 3134

Ringwood

×
Sold Check
+59 Photos
12-14 Pitt Street, RINGWOOD, VIC 3134

12-14 Pitt Street, RINGWOOD, VIC 3134

Properties / Sold / Victoria / Ringwood
Development Potential
Property Type
Residential
Land Area
1,607 m² (*approx)
Selling Method
Auction: AUCTION this Sat 3pm
Show All

1,607sqm Approx. With RGZ1 Zoning

If you’re an astute developer or a savvy investor who’s been searching high and low to find the right site for your next project, you can stop right now because we have just what you’ve been looking for.

On offer are two sites in a highly sought location, amassing 1,607sqm approx. with a RGZ1 (Residential Growth Zone Schedule 1) zoning. The properties are being sold as one, lending the remarkable allotment to outstanding prospects including a multi-level apartment development or a multi dwelling project (STCA).

Number 12 is occupied by an original condition single storey dwelling, boasting two bedrooms, one bathroom and a large living area. Number 14 spans two levels and offers five bedrooms, two bathrooms and dual living zones. The bathrooms have been updated, as has the kitchen which offers quality stainless-steel appliances including a Bosch dishwasher.

With excellent rental potential, you can ensure your investment works for you whilst you develop your plans and gain appropriate permits.

Ideally positioned in the heart of Ringwood, you’ll enjoy the proximity to desirable amenities and the ease of the lifestyle on offer. A short walk to Ringwood station and local buses, the recently upgraded Eastland Shopping Centre with its popular town square and Hoyts Cinemas, an array of primary schools and Ringwood Secondary College to which you are zoned, plus a number of open green spaces including Ringwood Lake, Bedford Park and Greenwood Park. You’re also in close proximity to Eastlink.

Opportunities of this nature are in high demand so act without delay; don’t let this exceptional opportunity be the one that got away.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Development Site Summary

Property Type
Residential
Land Area
1,607 m² (*approx)
Selling method
Auction: AUCTION this Sat 3pm

Development Site Highlights

1,607sqm Approx. With RGZ1 Zoning

If you’re an astute developer or a savvy investor who’s been searching high and low to find the right site for your next project, you can stop right now because we have just what you’ve been looking for.

On offer are two sites in a highly sought location, amassing 1,607sqm approx. with a RGZ1 (Residential Growth Zone Schedule 1) zoning. The properties are being sold as one, lending the remarkable allotment to outstanding prospects including a multi-level apartment development or a multi dwelling project (STCA).

Number 12 is occupied by an original condition single storey dwelling, boasting two bedrooms, one bathroom and a large living area. Number 14 spans two levels and offers five bedrooms, two bathrooms and dual living zones. The bathrooms have been updated, as has the kitchen which offers quality stainless-steel appliances including a Bosch dishwasher.

With excellent rental potential, you can ensure your investment works for you whilst you develop your plans and gain appropriate permits.

Ideally positioned in the heart of Ringwood, you’ll enjoy the proximity to desirable amenities and the ease of the lifestyle on offer. A short walk to Ringwood station and local buses, the recently upgraded Eastland Shopping Centre with its popular town square and Hoyts Cinemas, an array of primary schools and Ringwood Secondary College to which you are zoned, plus a number of open green spaces including Ringwood Lake, Bedford Park and Greenwood Park. You’re also in close proximity to Eastlink.

Opportunities of this nature are in high demand so act without delay; don’t let this exceptional opportunity be the one that got away.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Finance Calculator

12-14 Pitt Street, RINGWOOD, VIC 3134

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location

One moment please.

Retrieving map...

12-14 Pitt Street, RINGWOOD, VIC 3134 Ringwood
Noel Jones - Blackburn
Noel Jones - Blackburn
67-69 Railway Road, Blackburn VIC 3130
View Agency Profile