12-16 Larissa Avenue, Ringwood, Vic 3134

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Under instructions from KordaMentha as Agent for the Mortgagee in Possession
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An exceptional opportunity to acquire a premium development site in the heart of one of Melbourne's most sought-after Metropolitan Activity Centres, offered for sale by the Agent for the Mortgagee.

Site Details
- Land area: 2,797.5 sqm*
- Zoning: Activity Centre Zone Schedule 1
- Preferred building height: 21.5 m (6 storeys)

Existing Improvements
- No. 12 Two storey residence
- No. 14 Three bedroom townhouse
- No. 14A Three bedroom townhouse

The existing improvements provide immediate income generation potential while plans and permits are pursued, making this an outstanding proposition for astute developers and land bankers.

Perfectly positioned within close proximity to Eastland Shopping Centre, Ringwood Railway Station, Ringwood Bypass and EastLink, the site offers unrivalled connectivity and lifestyle amenity key attributes underpinning strong long-term development fundamentals.

With favourable Activity Centre Zone Schedule 1 zoning supporting a preferred height of 21.5 metres (6 storeys), this site presents an outstanding canvas for a landmark development (STCA).

Do not miss this rare mortgagee offering in one of Melbourne's premier growth corridors.

For further details or to arrange an inspection, please contact Sutherland Farrelly.

*Approximate land area