5-9 New Street Ringwood VIC 3134

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.

Hamish Burgess
0421 641 497

Leon Ma
0417 070 725

Tanya Su
0430 302 950