Situated in one of Ringwood's most desirable locations and proudly poised on 882sqm, this outstanding property is loaded with possibilities! Offering excellent potential to take advantage of the plans and permits to subdivide and build a 3 bedroom, 2 bathroom home at the rear; or extend and create your dream family home in this highly sought after area (STCA). Brilliantly located close to Mullum Mullum Creek Trail, transport, Eastland, parks, Norwood Secondary, Mullum Mullum Primary and Eastlink services, this renovated home boasts 2 spacious bedrooms and study/nursery, a sun soaked lounge complemented by adjoining meals/dining room and a sleek updated kitchen with European stainless steel appliances. A private merbau deck extends from the master bedroom and is perfect for enjoying a relaxing breakfast in the sunshine. With a sparkling new bathroom, high ceilings, picture rails, gas ducted heating and evaporative cooling, this character weatherboard home has been transformed to cater for quality living while allowing you the opportunity to add your own finishing touches. Whether you are a savvy investor, a home renovator who wants to extend the existing home at your leisure or a builder/developer who wants to take advantage of the plans and permits, this exciting opportunity will appeal to a host of lifestyles. Homes with this much potential are hard to find and an inspection is sure to impress.