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Ringwood is set to become the major activity hub of Melbourne's outer east, and this is your chance to get a piece of the action! Astute investors and developers will recognize the potential for multi-storey residential development (STCA) on this impressive 820sqm (approx.) allotment with all the benefits of a superb location in a high density zoning. The present dwelling comprises a 3BR home with functional kitchen and bathrooms. With an easy walk to Costco, Eastland Shopping Centre and the train station. Ringwood enables easy access to the CBD in 25 minutes via Eastlink, or 35 minutes by train. Ringwood also features many reputable schools (Yarra Valley Grammar, Tintern, Southwood, Ringwood Secondary College, and Aquinas College) and excellent recreational facilities including bike trails, lake, bushland reserves, and Aqualink (soon to be completed), making it a prized location for the astute buyer. With Ringwood all set to transform itself into a vibrant and thriving precinct, here's your chance to jump on board and reap the benefits!