________________________________________
Under instructions from KordaMentha as Agent for the Mortgagee in Possession
FOR SALE BY MORTGAGEES' EXPRESSION OF INTEREST
Closing Wednesday 26 August at 3:00 PM
________________________________________
An exceptional opportunity to acquire a premium development site in the heart of one of Melbourne's most sought-after Metropolitan Activity Centres, offered for sale by the Agent for the Mortgagee.
Site Details
- Land area: 2,797.5 sqm*
- Zoning: Activity Centre Zone Schedule 1
- Preferred building height: 21.5 m (6 storeys)
Existing Improvements
- No. 12 Two storey residence
- No. 14 Three bedroom townhouse
- No. 14A Three bedroom townhouse
The existing improvements provide immediate income generation potential while plans and permits are pursued, making this an outstanding proposition for astute developers and land bankers.
Perfectly positioned within close proximity to Eastland Shopping Centre, Ringwood Railway Station, Ringwood Bypass and EastLink, the site offers unrivalled connectivity and lifestyle amenity key attributes underpinning strong long-term development fundamentals.
With favourable Activity Centre Zone Schedule 1 zoning supporting a preferred height of 21.5 metres (6 storeys), this site presents an outstanding canvas for a landmark development (STCA).
Do not miss this rare mortgagee offering in one of Melbourne's premier growth corridors.
For further details or to arrange an inspection, please contact Sutherland Farrelly.
*Approximate land area
________________________________________
Under instructions from KordaMentha as Agent for the Mortgagee in Possession
FOR SALE BY MORTGAGEES' EXPRESSION OF INTEREST
Closing Wednesday 26 August at 3:00 PM
________________________________________
An exceptional opportunity to acquire a premium development site in the heart of one of Melbourne's most sought-after Metropolitan Activity Centres, offered for sale by the Agent for the Mortgagee.
Site Details
- Land area: 2,797.5 sqm*
- Zoning: Activity Centre Zone Schedule 1
- Preferred building height: 21.5 m (6 storeys)
Existing Improvements
- No. 12 Two storey residence
- No. 14 Three bedroom townhouse
- No. 14A Three bedroom townhouse
The existing improvements provide immediate income generation potential while plans and permits are pursued, making this an outstanding proposition for astute developers and land bankers.
Perfectly positioned within close proximity to Eastland Shopping Centre, Ringwood Railway Station, Ringwood Bypass and EastLink, the site offers unrivalled connectivity and lifestyle amenity key attributes underpinning strong long-term development fundamentals.
With favourable Activity Centre Zone Schedule 1 zoning supporting a preferred height of 21.5 metres (6 storeys), this site presents an outstanding canvas for a landmark development (STCA).
Do not miss this rare mortgagee offering in one of Melbourne's premier growth corridors.
For further details or to arrange an inspection, please contact Sutherland Farrelly.
*Approximate land area
12-16 Larissa Avenue, Ringwood VIC 3134
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:*
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