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11 Larissa Avenue

Ringwood, VIC 3134, Australia

3 bed 1 bath 2 car739m²

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AI Valuation Estimate

$799,000 – $901,000

Based on recent comparable sales in Ringwood

+6.2% suburb growth over 12 months

🏫

8.4/10

Schools

🚇

87/100

Walk Score

📈

+6.2%

Growth

🛡️

9.1/10

Safety

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Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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Heritage

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About this property

Presenting a phenomenal real estate opportunity in Ringwood's Activity Centre Zone, a high-growth catchment that opens the door to exciting and potentially lucrative high-density development (STCA). Occupying approximately 739sqm, this property is as conveniently placed as it gets, with the Mullum Mullum Creek Trail at the bottom of the street and Ringwood Lake and Park, shops, cafes and restaurants at the top. Even better, Ringwood Train Station, Eastland and EastLink are all less than 1km away, while excellent schools, including zoned Great Ryrie Primary School and Ringwood Secondary College, are easily accessible. The home that stands on the land offers terrific scope for enhancement, or it can be removed to make way for whatever you envision, whether that's a modern masterpiece or an even bigger project (STCA). Excellent parking fronts the property, including a double carport with a rear storage area and a spacious two-car parking bay. An enormous open plan living and dining room awaits within the home, overlooked by a large retro kitchen with tiled wrap-around benchtops and electric cooking appliances. Three bedrooms, including two with built-in wardrobes, sit in a dedicated sleeping wing, complemented by two bathrooms and a laundry with a double wash trough. Out the back, there are paved and grassed areas for entertaining and playing, along with the bonus of a versatile studio that could be improved to serve a myriad of uses, including working arrangements or additional accommodation. Whether you choose to spruce up the home or explore the property's broad and bountiful development options, this is a tremendous offering in an unbeatable location. Disclaimer: Noel Jones has taken every precaution to establish the accuracy of the information provided. Some images may have been digitally enhanced or virtually staged for presentation purposes. This material does not constitute any representation by the vendor or real estate agent as to the property's current condition or features. You should rely on your own inspection and enquiries to satisfy yourself of the condition and characteristics of the property.