It’s had a fine history as a beloved family home since it was built in the 1940s but the original weatherboard on 658 (approx.) sqms is ready for a bright new future. Take advantage of this superb location, a short walk to Aquinas College, Ringwood Secondary, the train station and Aquation pool and gym, to build a brand new home or two double storey townhouses (STCA). With double storey elevation likely to offer mountain views, this prime development site ticks off all the right elements: flat land, a deep rectangular block and a great location surrounded by essential services. The existing home offers rental potential while you make plans to build, with hardwood floors under the carpet, 3 bedrooms, a family bathroom, separate toilet, front lounge with gas heater, airconditioning and character corniced ceilings, and a spacious rear sunroom opening to the backyard and its separate garage. With the new Eastland transforming Ringwood into a fashion and food destination, this hot development spot in one of the suburb’s quiet back streets promises to be a smart investment in one of the eastern suburb’s rising stars.