This 714m2 (approx) allotment offers stamped plans and permits for a development opportunity for 2 townhouses to be built. Offering a choice of 2 double storey floor plans, these stylish homes will include 3 bedrooms, 2 bathrooms and double lock-up garage. The property is located right in the heart of Ringwood East within walking distance to Ringwood East train station, buses, shops, Tintern, Eastwood Primary, Ringwood Secondary College and provides easy access to Eastland shopping centre and Eastlink. Providing a low maintenance living concept for today, tomorrow and beyond, an astute developer can seize the opportunity and start now or an investor may look at keeping the existing dwelling for a period of time while they rent it out. Regardless, this provides an excellent investment opportunity.