This spacious family home offers unmatched versatility that will intrigue the shrewd buyer. Whether you're an investor looking for a lucrative dual-income property to add to the portfolio or possibly require a family home that offers in-law accommodation or seek to pay off the mortgage faster, this solid brick-veneer home presents a remarkable opportunity. Set on a generous 877m2 (approx.) block within a popular pocket of Ringwood East, this family abode could be enjoyed as a spacious four-bedroom residence or split into a three-bedroom home and a one-bedroom fully self-contained unit. There's also the flexibility to leave the internal access into the unit open or seal it up for complete privacy. Step inside and be welcomed by a carpeted lounge flowing through to a dining area serviced by a large fully equipped kitchen comprising an electric wall oven and ceramic cooktop. The master bedroom is well proportioned and offers triple built-in robes with overhead cupboards, as does the second generously-sized bedroom. These two bedrooms along with the third, share the light-filled bathroom amenities. Wheelchair access into the residence is also a big plus, furthermore, the home also includes; gas heating, air-conditioning unit, split system heating/air-conditioning, high ceilings, surplus storage cupboards, exterior canvas sunblinds, huge shed and separate storage area, single lock-up garage under house, in addition to ample off-street parking. The self-contained unit offers a spacious living area, fully equipped timber kitchen with electric cooker and a well-proportioned bedroom with double built-in robes and full ensuite. All-year-round relief comes with complements of a gas wall heater and air-conditioning unit. This space could also be utilised as a parents' retreat. The options are limitless, as is the scope to renovate the entire home to take it to the next level. Situated only a short stroll from Tintern Grammar, Tinternvale and Eastwood Primary Schools, Gracedale Park with playground and barbeque area, Tarralla Creek, as well as within close proximity to Ringwood East Railway Station, Sacred Heart Primary School, Aquinas College, EastLink freeway, Aquanation, hospitals, golf courses, bicycle tracks, cinemas, restaurants, cafes and Ringwood East Village shops. Rare opportunities like this seldom come so speedy action is highly recommended.