Maximum 8 Storey Height Prospect Opportunity for External Signage (STPA)

This prime 225sqm* parcel of land is ideally positioned at the heart of Ringwood, adjacent to the Ringwood Train Station, mere steps from the vibrant Ringwood Town Square, and right next to the bustling Eastland Shopping Centre. The property is uniquely designed with dual crossovers and frontage on Maroondah Highway, benefiting from the vicinity to the railway and a boundary next to a designated 'potential integrated future open space.' Zoned within the Premium Activity Centre, it offers development potential for up to 8 levels (subject to planning approval) and holds opportunities for outdoor advertising (subject to planning approval). Its central location ensures excellent access to key transport routes, including EastLink.

Key Features:

Situated at the core of Ringwood, with excellent links to major roads, including EastLink

Directly beside Eastland Shopping Centre, near the lively Ringwood Town Square, and moments from the Ringwood Train Station.

A neatly proportioned 225sqm* site, poised for development.

Unique dual crossovers enhance the property's accessibility.

Strategically placed within the Premium Activity Centre Zoning, endorsing potential development of up to 8 levels (STPA).

Features prominent road frontage on Maroondah Highway, alongside railway access and an adjoining boundary to land marked for potential future open space.

Offers the possibility for outdoor advertising signage (STPA)

Government Backed Vision:

Ringwood has been chosen as a key area for development in Melbourne's outer east. It's part of the Victorian Government's strategy to manage Melbourne's growth sustainably. Located where Heatherdale Road, the Ringwood Bypass, Ringwood Lake, and the Belgrave/Lilydale rail line meet, it's well-connected by major roads and rail, making it a vital link to the Yarra Valley and serving a wide area.

As a Metropolitan Activity Centre (MAC), Ringwood is set for major commercial and residential enhancements. This aligns with the goal to create vibrant urban centers outside the central city. The improvements in Ringwood aim to boost productivity, reduce traffic, lower infrastructure costs, and improve access to jobs and services. There will also be a focus on improving the quality of life with affordable housing, better amenities, and a balance of retail, business, and recreational spaces amidst natural landscapes. The plan is to transform Ringwood into a dynamic, modern urban hub that's both eco-friendly and economically robust.

Contact the team at Central Avenue Real Estate for more info.

Property Code: 47