Ringwood Regent Motor Inn Site Sells to Apartment Developers

IN the 1990s, it was considered one of the outer eastern suburb’s ritziest hotels.

But the former Sundowner Ringwood complex, since rebranded the Ringwood Motor Inn, has now sold to a residential developer with vacant possession.

The 31-year old, 39-room brick hotel is expected to be replaced with a higher density apartment based project which sources estimate will have an end value of more than $40 million and may include high rise buildings.

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Sisters of Nazareth to Make $20 Million For 2.6 Ha Slice of Camberwell Backyard

THE SISTERS of Nazareth can expect to make about $20 million from a major slice of land behind its Nazareth House aged care facility, in Camberwell.
 
The 2.6 hectare vacant block is expected to wind up in the hands of a major developer, who will capitalise on the sites location abutting parkland, presumably with a medium-density apartment development.

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