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8-10 Oban Road
Ringwood VIC 3134

Bedrooms: 8
Bathrooms: 3
Car spaces: 3
Land area: 1808m2
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Prime Development Opportunity (STCA): Dual Blocks on Oban Road.

Prime Development Opportunity (STCA): Dual Blocks on Oban Road.
Seize a rare opportunity to acquire a prime development site (STCA) in the heart of Ringwood, with two substantial blocks offered as one enticing package. Located at 8 and 10 Oban Road, these properties present a combined land size of 1808sqm, perfectly positioned for a lucrative development project.
10 Oban Road boasts two separate units, each currently rented, offering an immediate income stream. The first unit is a spacious three-bedroom, one-bathroom home, while the second unit is a comfortable two-bedroom, one-bathroom residence. Together, they maximize rental potential and provide diverse living options.
8 Oban Road features a charming three-bedroom house, also currently tenanted. With its generous 904sqm block size, this property enhances the overall appeal and versatility of the combined offering.
Zoned GRZ1, these properties provide developers with an excellent canvas to explore a variety of development possibilities (STCA). The expansive land backs onto a tranquil reserve, offering serene views and a sense of seclusion while being conveniently close to essential amenities.
Situated in a prime location, both properties benefit from close proximity to Ringwood Square and Eastland Shopping Centre, ensuring a wealth of shopping, dining, and entertainment options are just moments away. Public transport is readily accessible, and several reputable schools, including Great Ryrie Primary and Ringwood Secondary College, are nearby, adding to the family-friendly appeal of the area.
Whether you're an astute investor looking to land bank or a developer looking to capitalize on a prime location, 8 and 10 Oban Road offer a unique and highly desirable opportunity. With all properties currently rented, you can enjoy immediate returns while planning your future development.
Don’t miss out on this exceptional offering in one of Ringwood’s most sought-after locations. Contact us today to learn more and to arrange a private viewing. Your next big development project starts here.
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Property Details for 8-10 Oban Rd, Ringwood

8-10 Oban Rd, Ringwood is a 8 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 1808m2. The place is currently for sale with Bill Schlink First National - TEMPLESTOW.

Building Type
House
Land Size
1808m2

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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 12,106 properties.

    There are currently 48 properties listed for sale, and 7 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 478 properties were sold in the past 12 months in Ringwood.

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