1 & 2/4 Bedford Road, Ringwood, Vic 3134

Offering endless potential for astute buyers, this substantial block spans over a quarter of an acre (1,067 sqm approx.), located within paces of city-bound trains and Ringwood's vibrant heart.

The site comprises two units on separate titles, which can be renovated to reflect contemporary trends or rented out while obtaining a permit, while falling within a lucrative Housing Choice and Transport Zone (HCTZ) that is highly desirable to developers.

This prized zoning allows for housing at increased densities around activity centres and well-serviced locations that are close to employment, amenities and public transport, with a focus on sustainable urban development and walkable communities.

Diverse housing types (such as townhouses and apartments) are encouraged, as is affordable housing, while educational, recreational, religious, community and a limited range of other non-residential uses are permitted, to serve local neighbourhood needs.

The site is perfect for convenience seekers and city commuters, placing Ringwood Station within a two-minute walk, while Eastland Shopping Centre, Ringwood Square, Our Lady of Perpetual Help Primary School and Ringwood Secondary College can also be reached on foot.

Surrounded by cosmopolitan restaurants, Ringwood Lake and picturesque parks, the neighbourhood accommodates the needs of a young family, benefiting from proximity to Great Ryrie Primary School, Aquinas College, Tintern Grammar and the Swinburne University of Technology.

Further enhancing connectivity, the Maroondah Highway, Ringwood Bypass and Eastlink are nearby, providing additional access to the CBD and beyond.
A rare opportunity in a location that's growing fast, this prized block delivers prime convenience, lucrative zoning and the potential to dream big. Secure your viewing today.

Property highlights:
Sizeable 1,067sqm block (approx.) in a prime location
Desirable Housing Choice and Transport Zone (HCTZ)
Allows for housing at increased densities (STCA)
Short walk to train station, shops and restaurants
Close to public and private schools, parks and lake
Access to major roads, sporting facilities and buses
Two existing units with renovation potential