25 Patterson Street, Ringwood East VIC 3135

For the buyer with an eye for opportunity, this retro style 1950's property could be just the one you have been looking for. With a generous block size of 864 sqm. (Approx.) and zoned for GRZ1 the potential here is undeniable! The comfortable family home occupying the block comprises three spacious bedrooms, main bathroom, formal lounge room straight off the entrance and a large informal living and meals area to the rear of the house overlooking the garden. The pice de rsistance however is the self-contained attached unit comprising one bedroom with walk in robe, bathroom, full kitchen and lounge room with fireplace! Use this space for in law living, teenage retreat or potential rental income in the future. So what to do? Restore this retro gem back to her former glory and Extend/renovate? Perhaps a knock down rebuild? Or the obvious one - a multi-unit development (STCA of course). One thing is for sure - Whatever changes you make here at 25 Patterson, there is one thing that will never change. The location. It's what makes this proposition so enticing! Located within the fantastic Ringwood Secondary College Zone, Ringwood Lake at the end of the street and just minutes by car to all the local amenities that make the greater Ringwood area so sought after - what more could you ask for? With prices rising and land becoming scarce, don't miss your opportunity to secure a piece of this great area before its too late!