This original weatherboard home on a sensational allotment of approx. 1,020sqm and located in Ringwood East's most sought after pockets. It has excellent potential and is just what any buyer with some creativity and flair needs to maximize the options available, either renovate and extend or to build multiple townhouses (STCA). Not for the faint-hearted, but what an opportunity for someone to explore the vast potential for this property, suitable for a variety of development options. The home itself has 3 bedrooms central bathroom and a tidy kitchen, overlooking a huge backyard. Currently tenanted at $1,651pcm, the residence will provide a steady income whilst your plans are being finalised. The location here simply cannot be understated. Within walking distance to Maroondah Hospital, Norwood Secondary College, Eastwood Primary, Ringwood East railway station, East Ringwood Reserve, Railway Avenue shops, cafes, and restaurants, plus enjoy easy access to the Maroondah Highway, Eastlink, and the ever-developing Eastland Shopping and entertainment precinct.