Land size: 858 m2
$900,000 - $930,000
This approximately 858sqm corner block with two street frontages presents an exceptional development prosepect (STCA). Dual access overcomes many of the design and subdivision limitations of single-frontage blocks, offering broad scope for multi-unit or townhouse construction.
The existing weatherboard home features a living and dining room, kitchen with meals area, electric five-burner cooktop and walk-in pantry, one bedroom with walk-in robe and adjoining powder room, plus a bathroom with shower and clawfoot bath. A standalone studio at the rear with its adds further versatility.
Additional features include a double garage with remote entry, laundry, solar panels, water tank and garden shed.
Though renovation is possible, the real attraction is the land and the flexibility it delivers. The house can be leased for holding income during the planning phase, or buyers may acquire the parcel for its long-term potential.
The location reinforces the appeal. Eastland Shopping Centre is nearby, Ringwood Station offers metropolitan rail connectivity, and EastLink delivers easy arterial links. Marlborough Primary School and Heathmont College are both within zone, with Proclamation Park, Jubilee Park and Aquanation adding lifestyle convenience within minutes.
Land with this mix of scale, dual-street entry and location is increasingly difficult to find in such an established pocket. The corner orientation and proportions create a sound foundation for growth and investment success.
Noel Jones has taken every precaution to establish the accuracy of the information provided. Some images may have been digitally enhanced or virtually staged for presentation purposes. This material does not constitute any representation by the vendor or real estate agent as to the property's current condition or features. You should rely on your own inspection and enquiries to satisfy yourself of the condition and characteristics of the property.
Features
Land size: 858 m2
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Statement of Information
Every precaution has been taken to establish the accuracy of the information provided. Some images may have been digitally enhanced or virtually staged for presentation purposes. This material does not constitute any representation by the vendor or real estate agent as to the propertyโs current condition or features. You should rely on your own inspection and enquiries to satisfy yourself of the condition and characteristics of the property.