Information Memorandum - 9-13 Churchill Street, Ringwood

As Melbourne’s leading independent commercial property agency, we take pride in creating worth across all four points of this city.

01. Point of Interest 02. Point of View

Property Features 04. Property Particulars 05. Location

06. Sales Process

If you’re looking for your next flagship development project with incomparable inclusions, this one has a serious Ring(wood) to it. This substantial 2,867 sqm* landholding spans 5 titles across Bourke and Churchill Streets — complete with a permit-approved apartment project Over 9–13 Churchill Street, now combined with 7 Churchill Street & 30 Bourke St to increase the potential to circa 107 apartments offering significant scale up to 8 levels (STCA), developers can hit the ground running while exploring the wider upside — neighbouring sites, Activity Centre (ACZ1) zoning, and the growing appetite for high-density living in one of Melbourne’s key Metropolitan Activity Centres and connected suburban hubs. Less than 400 m* from Eastland Shopping Centre, 850 m* from Ringwood railway station, and moments from Maroondah Highway, Ringwood Bypass, and the EastLink, it’s a location designed to deliver convenience on every level — for residents, investors, and developers alike.

2,867 sqm* Approved Return 850 m*

70-apartment project for 9–13 Churchill Street.

for 7–8

400 m* Possibility

700 m* Leisure Activity Centre

Shovel-ready today, scalable tomorrow — because in Ringwood’s activity centre, good projects rarely stop at one site.

Ian Angelico | 0418 336 088 ian.angelico@cva.melbourne

“Permit-ready and primed for growth. Start now, or scale to 107 units, and make your mark in Ringwood’s skyline.”

In more than 30 years, Ian has witnessed the successful signing of more than two thousand commercial real estate transactions – which is more of a legacy, than a track record. And it’s one that has been achieved by adopting a methodical approach amongst a myriad of changing variables. It’s one that has been sharpened through his holistic exposure to commercial projects across all points of Melbourne. By focusing on maximising each property’s profitability, Ian ensures that at the end of the day, it’s maximising value that determines his success.

Daniel Philip | 0439 977 121 daniel.philip@cva.melbourne

“Moments from Eastland and transport. A rare, high-density site in the heart of Ringwood’s activity centre.”

An agent that turns first impressions into lasting commitments. Since the early days of his career, Daniel has established a level of service that is defined by in-depth market knowledge, expert advice and responsive communication. Committed to creating value in the commercial real estate opportunities he matches with his clients’ objectives, and the ability to think outside the square. Especially if that extends well beyond Melbourne’s inner-city grid.

Comprising five existing dwellings across 7–13 Churchill Street, the site presents a mix of single-storey brick and weatherboard homes, each situated on generous allotments with established gardens and dual street frontages to Churchill and Bourke Streets.

The improvements are in functional condition, providing holding income while development plans progress. The current dwellings benefit from wide frontages, clear access points, and minimal site obstructions, offering an efficient canvas for redevelopment.

Surrounded by a blend of modern apartment developments, townhouses, and commercial buildings, the property sits in a rapidly transforming pocket of Ringwood — just moments from Eastland Shopping Centre, Ringwood Train Station, and major arterials including EastLink and the Ringwood Bypass.

PROJECT OVERVIEW

This premium development opportunity combines five adjoining sites across Churchill and Bourke Streets within Ringwood’s Activity Centre Zone (ACZ1) — providing unmatched connectivity and development flexibility.

The approved apartment project for 9–13 Churchill Street offers immediate scope for construction, while the addition of 7 Churchill Street and 30 Bourke Street significantly increases the potential yield across the combined 2,867 sqm* landholding.

PLANNING & PERMIT

•Approved permit for a 70-apartment building (Amended Planning Permit M/2020/1067/A).

•Amended plans endorsed April 2024 allow up to 5 storeys, landscaped rooftop spaces, and two basement levels.

•Activity Centre Zoning (ACZ1) and Development Contributions Plan Overlay (DCPO1) encourage medium–high-density residential outcomes with retail activation potential (STCA).

•Council’s Ringwood Activity Centre Masterplan supports growth up to 20 storeys within key precincts.

DEVELOPMENT POTENTIAL

•Potential to scale to circa 107 apartments (STCA) with the inclusion of adjoining parcels.

•Dual street frontages — 58.6 m* to Churchill Street and 44.7 m* to Bourke Street.

•Flexible design envelope for a landmark development of residential dwellings whether it be build to sell, build to rent, aged care, affordable housing and more.

•Existing dwellings providing short-term holding income.

Principle Outgoings

Council rates:

9-13 Churchill Street

Site Details

Title particulars

Zoning

Planning Overlays

Municipality

$8,14.05 p.a

7 Churchill Street & 30 Bourke Street $3,727.05 p.a

Frontage to Churchill Street

Frontage to Bourke Street

metres

metres North side boundary

metres

metres West side boundary

Total site area 2,867 sqm

Certificate of Title — Volume 8029 Folio 124 - Lot. 59 LP16985

Certificate of Title — Volume 7948 Folio 142 - Lot. 57 LP16985

Certificate of Title — Volume 9941 Folio 649 - Lot. 1 SP34799

Certificate of Title — Volume 9941 Folio 650 - Lot. 2 SP34799

Certificate of Title — Volume 7933 Folio 128 - Lot. 58 LP16985

Activitiy Centre Zoning (ACZ)

DCPO1 - Development Contributions Plan Overlay

SLO4 - Significant Landscape Overlay

City of Maroondah

All signs point to: Churchill Street.

Churchill Street offers an exceptional environment for businesses looking to thrive, combining prime location, high exposure, and growth opportunities.. Here are some notable aspects and benefits of buying property in this area:

High Visibility & Foot Traffic:

Churchill Street experiences a steady flow of pedestrians and vehicles daily, providing businesses with excellent exposure. This high visibility helps attract walk-in customers and builds brand recognition over time. Retail, service, and hospitality businesses can all benefit from the natural traffic passing the location.

Well-Connected Transport Links:

The street is easily accessible by major roads, buses, and nearby train stations, ensuring convenience for both employees and clients. This connectivity reduces commuting stress and broadens the potential customer base. Businesses can also attract clients from surrounding suburbs due to the easy transport options.

Thriving Local Economy:

Surrounded by popular cafes, shops, and essential services, the area fosters a lively commercial ecosystem. Local businesses can benefit from cross-promotions and collaboration with neighboring establishments. Customers are naturally drawn to areas where multiple services and shopping options are available.

Growth & Development Potential:

The area is seeing ongoing residential and commercial development, indicating increasing demand and population growth. This trend provides opportunities for businesses to expand and attract new customers. Investing in a location with growth potential ensures long-term benefits and a strong foothold in a thriving community.

Ample Parking & Accessibility:

Churchill Street offers convenient on-street parking and nearby car parks, making visits hassle-free for clients. Good parking options increase customer dwell time and encourage repeat visits. Accessibility also ensures smooth deliveries and staff convenience, which is crucial for operational efficiency.

Churchill Street is an ideal location for businesses because it combines high visibility, excellent transport links, a thriving commercial environment, convenient parking, and strong growth potential—offering both immediate customer access and long-term opportunities for success. AND THE POINT?

All signs point to: Ringwood.

Ringwood is a prime location for businesses seeking growth, visibility, and accessibility. Its strategic position within Melbourne’s eastern suburbs provides excellent transport links, including major roads, nearby train stations, and bus routes, making it easy for clients and employees to reach. The area experiences high foot and vehicle traffic, offering natural exposure and increasing the potential for walk-in customers. Ringwood’s thriving local economy, anchored by shopping centers, cafes, restaurants, and essential services, attracts a diverse and consistent customer base, creating ample opportunities for retail, hospitality, and service businesses. Ample parking facilities and well-designed streetscapes enhance convenience, encouraging longer visits and repeat business. The suburb is also experiencing ongoing residential and commercial development, which is driving population growth and boosting consumer demand. With a combination of immediate commercial

opportunities, a supportive business environment, and strong long-term growth potential, Ringwood is an ideal choice for businesses looking to establish a successful and sustainable presence.

And the point?

Ringwood is an excellent place to do business because it offers high visibility, strong transport access, a thriving local economy, convenient parking, and ongoing development—providing both immediate customer opportunities and long-term growth potential.

Private Sale Process

At CVA, we are dedicated to providing a professional and transparent experience throughout the private sale process.

To ensure clarity and fairness, we have outlined the key steps below, allowing prospective purchasers to fully understand the process when submitting an offer.

1. Submitting Offers

Offers can be submitted at any point during the private sale period, as there is no fixed closing date. We recommend that all interested parties submit their strongest offer using the provided documentation, ensuring all fields are completed and the form is signed. Once submitted, your offer will be promptly presented to the vendor for consideration.

2. Review Process

Upon receipt, all offers are carefully reviewed by the vendor. We will communicate any feedback or decisions regarding your offer in a timely manner. Unlike auctions or formal Expressions of Interest campaigns, the private sale allows the vendor the flexibility to accept, negotiate, or decline offers at their discretion as they are received.

3. Contract and Settlement

Should your offer be accepted, a formal contract of sale will be prepared. At this stage, a deposit may be required to secure the property. The agreed terms of the contract, including the settlement period, will then be finalised between the buyer and vendor.

We strive to maintain open communication and provide professional guidance throughout the private sale process, ensuring a seamless experience for all parties involved.

For more information, contact

Ian Angelico

0418 336 088 ian.angelico@cva.melbourne

Daniel Philip 0439 977 121 daniel.philip@cva.melbourne