Secure your place in one of the area’s most prestigious pockets. Surrounded by magnificent luxury homes, this massive 1575m² GRZ1 allotment represents the ultimate lifestyle and development jackpot. The existing dual-level residence is prime for a high-end luxury renovation to complement its elite surroundings. Or, capitalize on the affluent location by building a premium multi-townhouse project (STCA). In a blue-ribbon neighborhood like this, the upside is undeniable.
The premium location offers a lifestyle you simply cannot outgrow. Families will appreciate being within walking distance or a short bus ride to elite schools including Yarra Valley Grammar, Luther College, Aquinas College, and the Rudolf Steiner School. For shopping and dining, you are only minutes away from North Ringwood cafes, Eastland Shopping Centre, Town Square, and Costco. Leisure and recreation are right on your doorstep, with short strolls leading to Quambee Reserve, McAlpin Reserve, Parkwood Tennis Club, and local off-lead dog parks. Commuting is also a breeze thanks to rapid access to Ringwood Station, local bus networks, the Eastern Freeway, and Eastlink.
Inside, the existing home offers an expansive dual-level layout with elevated views, waiting for an ambitious buyer to breathe new life into its bones. The upper level features open-plan living and dining anchored by an open fireplace, a stone kitchen with Gaggenau appliances, a covered entertainer's deck, a fifth bedroom or study, and a convenient powder room. Heading downstairs, the ground level requires urgent love and extensive updates. This separate family zone comprises four additional bedrooms including a master with ensuite, a central bathroom, a flexible sitting or music room, and a second laundry.
Outside, the sprawling allotment provides a complete blank canvas for landscaping and outdoor entertainment. It features a fully fenced inground pool ready to be restored for summer, alongside a double carport and massive off-street parking ideal for tradesperson vehicles, boats, or caravans. Whether you are a savvy builder looking for your next rewarding project or a developer eyeing off a premium multi-site subdivision, this is a rare opportunity to secure a significant land component in a blue-chip locale.
