Ambitious developers will recognise the huge potential here with the option to buy either 30 and 32 Sherbook Ave Ringwood coming to market, setting up a whopping 1413sqms of land to reinvent.
That double deal of a vacant block and a tenanted home invites you to develop 36 apartments (approved) or 12-14 town houses (STCA) in the prized school zone for Ringwood Secondary College (STSA).
There are currently plans approved for 36 apartments or redevelop to 12-14 townhouses (STCA) to rise up on the west facing sites, which would allow for bright north facing living rooms across the intended apartments or town homes.
Buy 1 or 2, it's up to you to take the next steps in this activity hub that lets you walk to Costco, Eastland, Ringwood station, with gateway connections to the city and coast via Eastlink, and beautiful walking tracks along the Mullum Mullum Trail and Ringwood Lake.
Remember to mention you found this property on DevelopmentReady
Ambitious developers will recognise the huge potential here with the option to buy either 30 and 32 Sherbook Ave Ringwood coming to market, setting up a whopping 1413sqms of land to reinvent.
That double deal of a vacant block and a tenanted home invites you to develop 36 apartments (approved) or 12-14 town houses (STCA) in the prized school zone for Ringwood Secondary College (STSA).
There are currently plans approved for 36 apartments or redevelop to 12-14 townhouses (STCA) to rise up on the west facing sites, which would allow for bright north facing living rooms across the intended apartments or town homes.
Buy 1 or 2, it's up to you to take the next steps in this activity hub that lets you walk to Costco, Eastland, Ringwood station, with gateway connections to the city and coast via Eastlink, and beautiful walking tracks along the Mullum Mullum Trail and Ringwood Lake.
Remember to mention you found this property on DevelopmentReady
32 Sherbrook 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