16 & 18 Shasta Avenue, Ringwood East, Vic 3135

When opportunity knocks, sometimes you just have to take the plunge. After all, when do you think you'll next see 1545m2 (approx) of land with General Residential Zoning suitable for development (STCA) within metres of Ringwood East Shopping Village, train station, Ringwood Secondary, Tintern Schools & Eastwood Primary? NEVER! These two lots may just be one of the last ever opportunities for a multi townhouse development of this size to hit the market in Ringwood East. The site is of course across two titles with a gentle slope. It comprises two very rentable three bedroom 1950's weatherboard homes to lease out whilst design and planning approval is sought. The projected short term combined rental return is approximately $3215.00 per calendar month. Inspections are available by appointment and further information is available by calling Matthew Fitzgerald on 0420 989 909, your Ringwood East property specialist!