8-10 Oban Road, Ringwood, VIC 3134

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.