If you're looking for the perfect space for a multi-unit development (STCA) or dream home, then look no further. Either way, this 1156 sqm (approx.) block with GRZ1 zoning in Ringwood is the perfect place to start. For renovators, you'll have plenty of room to stretch out and extend, with a massive backyard and great street appeal adding extra value to your property. The existing 4-bedroom plus study can either be updated or rented out in the meantime for additional income while you make future plans. An expansive floorplan boasts an original kitchen at the heart, connecting seamlessly to a spacious meals/family area on one side, and a lounge and separate dining room on the other. The meals/family space opens up to a huge covered deck that offers incredible opportunities for alfresco dining and outdoor entertaining. Four split system heating and cooling units guarantee comfort in any season, while additional features include a study, double carport, shed, workshop and double garage. You’ll find it easy to live, work and play in this wonderful area. Enjoy walking distance to Ringwood Station, Eastland Shopping Centre, Aquanation and Jubilee Park. Close to Ringwood Square Shopping Centre, Costco, and Eastlink. Also Zoned for Great Ryrie Primary School.