Proudly presenting a lucrative development proposition, ideally situated in a peaceful cul-de-sac position. This 921sqm (approx.) property is a ready-to-go site where the astute buyer can utilise approved plans and permit to bring three townhouses to life.
With a remarkable location that is only metres from the Mullum Mullum Creek Trail and minutes from Ringwood's buzzing epicentre, it is a money-making acquisition for the seasoned builder or developer.
The current property could be lived in or leased out, or you could start the development. It has three robed bedrooms, bathroom, a spacious lounge/dining room, kitchen, heating, cooling, a laundry, a covered deck and a rear storage garage.
Thoughtfully designed, the supplied plans permit the construction of three contemporary residences, each featuring intelligent double storey floorplans.
Develop now, keep it as an investment, or occupy and enhance it to your liking (STCA). The choice is yours. Whatever you decide, the property's amazing location will remain the same. It is situated within walking distance to reserves, Eastland, Town Square, Realm, Costco, Ringwood Train Station, childcare and medical centres, Mullum Primary School and Norwood Secondary College. It is also only a short commute to Yarra Valley Grammar, Luther College and EastLink.
Noel Jones Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
The size of Ringwood is approximately 10.2 square kilometres. There are 35 parks, covering nearly 13.2% of the total area. The population of Ringwood in 2016 was 17471 people. By 2021 the population was 19144 showing a population growth of 9.6% in the area during that time. The predominant age group in Ringwood is 30-39 years. Households in Ringwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ringwood work in a professional occupation.In 2021, 57.80% of the homes in Ringwood were owner-occupied compared with 58.60% in 2016.
Ringwood has 12,420 properties. Over the last 5 years, Houses in Ringwood have seen a -1.20% decrease in median value, while Units have seen a 7.39% increase. As at 30 June 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.