Perfect for aspiring builders or developers with an eye to the future, this outstanding 764sqm (approx.) allotment in the General Residential Zone – Schedule 1 (GRZ1) poses the perfect opportunity to knock-down and rebuild with a luxury new home or capitalize with a lucrative multi-dwelling project (STCA). Perfectly positioned to complement lifestyle living in one of Ringwood's most convenient locations, where you can simply step out your front door and take a leisurely stroll to the end of the street where you will discover the meandering Mullum Mullum Creek Trail leading to Mullum Mullum Reserve, or alternatively appreciate the glistening tranquillity of Ringwood Lake or spend a relaxing day enjoying some retail therapy at the vibrant Eastland Shopping Centre. While the allotments proximity to nearby schools and other sought-after amenities is certain to attract interest with families, downsizers and investors with Mullum Primary School, Great Ryrie Primary School, Ringwood Secondary College, Aquinas College, Tintern Grammar, Ringwood Costco, Ringwood Private Hospital, Aquanation, cafes and restaurants, local bus services, Ringwood Train Station plus Eastlink all within arm's reach.