With a landsize of 690m2 and an extremely popular position in Ringwood East, this property offers fantastic opportunities for a number of buyers. Whether you're a keen renovator, looking to develop (STCA) or have dreamt of building your own family home (STCA) in a lovely tree-lined street, then this property is 100% worthy of an immediate inspection! Sitting on a lovely rectangular allotment the original home stands firm on concrete stumps and offers an ideal canvas for its new owner to step in and recreate. East facing windows fill the living zones with natural light and the large open-plan living and dining area are a central focus of the home. Adequate and functional, the kitchen provides plenty of cupboards, dishwasher, electric oven and cook top and a huge pantry. Two good-sized bedrooms can both accommodate a double bed and a third bedroom, study or play area allows for flexible needs. The original main bathroom includes a separate shower and bath, while the laundry is conveniently located close to the backyard and clothes line. Grass covered, open and flat, the backyard is a real highlight. Watch the kids play from the kitchen window while you dream of reaping the lifestyle and financial rewards of your investment. Including gas heater, split system cooling, garden shed/workshop and ample off street parking. Located opposite the recently upgraded AFB Long Reserve the position could not be better. With walking access to Ringwood Lake, Ringwood East and Heathmont stations, Ringwood Secondary College, Eastwood Primary School and the magnificent Tintern Education Precinct. Whatever you decide to do with this property it's sure to pay dividends.