FOR SALE
$2,300,000 - $2,500,000

284 & 286 Maroondah Highway
Ringwood VIC 3134

Bedrooms: -
Bathrooms: -
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Land area: 1775m2
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Ready To Develop With Approved Plans And Permit For 13 Townhouses

This is a phenomenal proposition to acquire a flat and clear 1,775sqm (approx.) allotment, complete with approved plans and permit, working drawings and engineering for 13 townhouses.
Comprising a mix of three and four-bedroom options, the townhouses feature stunning architecture and modern floorplans, complete with open plan hubs that incorporate luxe kitchens, sleek bathrooms, large balconies and private courtyards.
Alternatively, you could seek reapproval for an expired permit for 14 two-bedroom townhouses, or explore the potential for medical or commercial applications (STCA).
Location wise, it is all right here at 284-286 Maroondah Highway, Ringwood: Eastland and Town Square, with their world-class shopping and dining options are within walking distance.
Recreational needs are effortlessly met with outstanding activity facilities within easy reach. These include Ringwood Lake Park, Mullum Mullum Creek Trail, the EastLink Trail, Ringwood Golf Club, Aquanation, Ringwood Bowls Club and The Rings Centre for basketball and netball.
Schooling options are very well covered with zoning for Mullum Primary School and the highly sought-after Ringwood Secondary College. Tintern Grammar and Yarra Valley Grammar are also nearby, as is Aquinas College and Luther College, for those looking at private schooling options.
For easy commuting, you can walk to Ringwood Station and hop on the train, or drive to the city or the Mornington Peninsula on Eastlink which is approximately 1km away.
There are so many great development options with this prime site, so don't let this incredible opportunity pass you by.
For copies of plans, permit and additional information, please contact Simon.
Noel Jones Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
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Property Details for 284 & 286 Maroondah Hwy, Ringwood

Building Type
Land
Land Size
1775m2

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About Ringwood 3134

The size of Ringwood is approximately 10.2 square kilometres. It has 35 parks covering nearly 13.2% of total area. The population of Ringwood in 2011 was 16,008 people. By 2016 the population was 17,450 showing a population growth of 9.0% in the area during that time. The predominant age group in Ringwood is 30-39 years. Households in Ringwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ringwood work in a professional occupation. In 2011, 62.7% of the homes in Ringwood were owner-occupied compared with 58.6% in 2016.

Ringwood has 12,180 properties. Over the last 5 years, Houses in Ringwood have seen a 23.86% increase in median value, while Units have seen a 12.71% increase. As at 31 October 2024:

  • The median value for Houses in Ringwood is $1,024,541 while the median value for Units is $637,463.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 58 properties listed for sale, and 18 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 480 properties were sold in the past 12 months in Ringwood.

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Simon Bismark
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Noel Jones Ringwood and Croydon
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