165 Wonga Road Ringwood VIC 3134

• Desirable location abutting Quambee Reserve
• Long standing 20 bed residential accommodation facility
• 5 + 5 year lease to L’abri SRS
• Returning: $87,142 per annum plus outgoings and GST
• Significant site area of 3,010sqm approx.
• Large on site car park
• Positioned within General Residential Zone - Schedule 1 (GRZ1)
• Strong future development potential (stca)
• Rare opportunity to acquire substantial site with strong passing income and future upside, located in rapidly emerging location approximately 25km north east of the Melbourne CBD