Encompassing some of Ringwood's most spectacular views, this delightful family home on 836sqm approx. is set to make way for a wonderful future, with plans and permits approved for two double storey townhouses encouraging builders and developers to realise the sites full potential. Offering potential to lease out, the existing home offers a classic three-bedroom layout boasting a functional kitchen and meals zone, lounge, dining room, bathroom/laundry with toilet plus a rear workshop. Development ready, the approved townhouses each include four robed bedrooms (upstairs and downstairs masters), three bathrooms, powder room, full-sized laundry, spacious kitchen, living and dining domains, kitchenette/butler's pantry, upper-level retreat, outdoor entertaining and a double garage. Unit one further benefits from the clever inclusion of a study, while Unit 2 enjoys a separate lounge room. Set in an outstanding position that resonates with convenience, walking distance to Eastland Shopping Centre and Entertainment Precinct, Ringwood Heights Primary School and Norwood Secondary College, close to Yarra Valley Grammar, Luther College, Costco, buses, trains plus Eastlink. Photo ID may be required for entry of Open for Inspections.