1 Laurence Grove, Ringwood East, Vic 3135

Looking for an apartment site in Ringwood East just metres from the shops and station? Then this is the one you've been waiting for (STCA). The largest by far of a possible 14 sites (approx) highlighted in the New Maroondah Structure Plan Draft for Ringwood East, this truly is a once in a lifetime opportunity for the developer or astute investor. The site itself is a near level 1171m2 allotment of prime GRZ-1 land within the Residential Growth Area Precinct. Tightly held within the one family for the past 60 years, the existing brick veneer dwelling comprises two separate residences. The three bedroom, two bathroom home with two living areas is estimated to lease at approximately $380 per week and at the rear is a neat and tidy two bedroom unit with two bathrooms and a generous kitchen/meals/family area, estimated to lease at approximately $310 per week. Located within the zone for Ringwood Secondary College, an easy walk to Tintern Grammar and Eastwood Primary and just a short drive to Eastland and Eastlink. Further information is available upon request by calling Matthew Fitzgerald on 1300 665 895.