279 Maroondah Highway, Ringwood

This is a rare opportunity to buy into a Commercial 1 Zone within Maroondah MAC – Metropolitan Activity Centre Master Plan allowing a building height of up to 18m approx. supporting a future mixed-use development.
The land size is approx. 184 sqm with easy rear lane access and onsite parking. The building of approx. 70 sqm is beautifully renovated and tenanted until August 2024 to an established hairdressing salon. The property is being offered with vacant possession or the tenant is happy to negotiate to stay longer with a new owner.
The property is suitable for a range of uses including retail, office, Medical Consultancy and Residential development (STCA).
A prime location in amongst well-established retail and professional offices, with high exposure for signage and busy foot/car traffic along Maroondah Highway.
Sale – Expression of Interest closing 10th April 2024, 2pm (unless sold prior)

Commercial 1 Zone
Potential for development (STCA)
Owner Occupier or Investor