A rare and exciting development opportunity presents for this sizable 2940m2 (approx) property, located along the exclusive Golden Mile strip in Ringwood North, to utilise the site to build multiple luxurious homes, subdivide the land to accommodate a few exclusive homes, renovate/extend the existing home or build your dream residence (STCA).
Its highly regarded address currently poses an executive four bedroom family home boasting a poolside lifestyle, whilst benefiting from a proximity that is handy to all amenities.
The sizable interior promotes zoned bedrooms including the master with a spa ensuite, and three large living zones which are brilliantly hosted by a well appointed kitchen which oversees the family/meals area. The neighbouring rumpus room provides access to the third bathroom, and a main living room is enhanced with an open fireplace.
Further considerations include ducted heating, split system AC, ducted vacuum, a built-in BBQ and paved courtyard, extensive vehicle accommodation and a workshop/studio.
The size of Ringwood North is approximately 5.2 square kilometres. It has 19 parks covering nearly 10.4% of total area. The population of Ringwood North in 2016 was 9832 people. By 2021 the population was 9964 showing a population growth of 1.3% in the area during that time. The predominant age group in Ringwood North is 40-49 years. Households in Ringwood North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ringwood North work in a professional occupation.In 2021, 86.30% of the homes in Ringwood North were owner-occupied compared with 85.70% in 2016.
Ringwood North has 4,015 properties. Over the last 5 years, Houses in Ringwood North have seen a 15.30% increase in median value, while Units have seen a 6.61% increase. As at 30 April 2026:
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