Colliers are pleased to offer 5-9 New Street, Ringwood for sale via Expressions of Interest closing Thursday 9 September at 2pm. This outstanding offering is comprised over a generous land holding contained in three separate titles.
This is a rare opportunity and is one of the last remaining sites already amalgamated within the Ringwood Activity Centre which offers a generous site area with potential for scaled development of apartments, townhouses, childcare or other uses (STCA).
Key features of this development opportunity are noted below:
Total land area of 2,148m²* over three titles Short term fully let holding rental of $40,164 per annum Situated within the Ringwood High School Zone Fantastic location 540 metres from Eastland Shopping Centre and 700m* from Ringwood Train Station Highly regarded eastern locale with a median house price of $1,025,000, which has enjoyed a growth of 36% growth since Q1 2019 to Q1 2021 (REIV)
* Denotes approx.
For further information, please contact the exclusive selling agents at Colliers.
