Sitting on an incredible 1,130 sqm (approx.) block of land in a picturesque Ringwood East pocket, this mostly original home positions itself as an opportunity of current and future value. Beautifully maintained by long time owners but presenting as an opportunity for renovation, extension or even re-development (STCA), the home immediately draws you in with flourishing front gardens and an abundance of street frontage. Step inside to single level layout that includes a formal living and dining area with gas heating and air-conditioning, good-sized bedrooms, master with built-in robes, kitchen with meals area, plus a separate self-contained bungalow with kitchenette and separate bedroom. Outside is where you truly begin to visualise what could be achieved here as you gaze over an expansive backyard of lush lawns and established gardens. Incredibly located within walking distance to Melba College, Ainslie Parklands Primary School, Burnt Bridge Shopping Centre, a number of picturesque parks and the Mullum Mullum Trail, close to Kalinda Primary School, Yarra Valley Grammar, Ringwood East Station, Railway Avenue shops, Ringwood Lake Park and the Eastland Shopping Centre, with easy access to Old Lilydale Rd, Mt Dandenong Rd, the Maroondah Highway and Eastlink.