Potential abounds for family buyers, developers or those seeking to build their dream home in this prized family precinct, with the offering of this delightful three-bedroom residence occupying an enticing 836sqm approx. rectangular allotment (STCA). Developers will be pleased to discover that in addition to this property, the residence at number 25 Great Ryrie Street is also being offered for sale, creating an exceptional opportunity to purchase both properties and further capitalise with a larger multi-unit development. For those wishing to obtain an income whilst they bring on board various tradespeople, the current home offers a three-bedroom configuration, with a separate lounge, kitchen/meals zone with stainless steel appliances, bathroom with toilet, separate toilet and large laundry. Further enhanced by high ceilings, gas heating plus a garden shed. Best of all, the home is situated within walking distance to a plethora of sought-after facilities including; Jubilee Park, Aquanation, Heathmont Shopping Centre, bus services, Heathmont Train Station, Great Ryrie Primary School, Aquinas College, Ringwood Secondary College plus moments from Heathmont College, Tintern Grammar, Ringwood Golf Course, Costco, Eastland Shopping Centre and Eastlink.