20-24 Burwood Avenue, Ringwood, VIC 3134

A rare and compelling permit-approved development and investment opportunity in one of Ringwood’s most tightly held, high-growth precincts. Positioned within the Ringwood Activity Centre, this substantial 2,106sqm site across three separate titles offers scale, flexibility and immediate build certainty.

Approved plans are already in place for 30 contemporary townhouse and terrace-style residences across three levels, enabling a purchaser to proceed with confidence and minimal planning risk. For those seeking to further optimise outcomes, the site also presents potential to revisit the design and explore higher-density alternatives, subject to council approval and alignment with the precinct’s evolving planning framework.

From both an owner-occupier and leasing perspective, the approved product type and central location are ideally suited to first-home buyers, downsizers and investors, underpinning strong end-buyer demand.

Unbeatable Connectivity & Proven End-Buyer Appeal

• Approx. 3 minutes to EastLink and the Eastern Freeway, delivering direct access to Melbourne’s CBD and key employment corridors

• Walking distance to Eastland Shopping Centre, Ringwood Square and Costco

• Easy access to Ringwood Train Station and major bus services

• Surrounded by established cafés, restaurants, schools, childcare and parklands

This tightly connected Activity Centre location continues to benefit from substantial public and private investment, providing planning certainty, enduring demand and strong resale and rental fundamentals.

With permits secured, generous landholding and a proven, high-demand location, this is a blue-chip development opportunity offering immediate execution capability and long-term growth.

A strategic acquisition in one of Melbourne’s most active and desirable eastern hubs.

Please contact Harry Fares or Vivian Wong to obtain a copy of the plans and also an opportunity to discuss securing this investment!

Remember to mention you found this property on DevelopmentReady