Beachside Development/Investment/Lifestyle Opportunity

Perfectly located in a service road providing convenient access and just 150 metres from pristine bay beaches, this character-filled residence presents an exceptional opportunity for homeowners, investors, and developers alike. Positioned on a generous, flat allotment of approximately 690sqm, the property offers exciting potential for future subdivision (STCA). Further enhancing its appeal is the rare opportunity to also acquire the neighbouring property at No. 10, creating expanded scope for future development.
Neat, tidy, and well maintained, the home is just a two-minute stroll across the road to the beach and provides a convenient base from which to enjoy the many lifestyle activities the Mornington Peninsula is renowned for. The accommodation includes three bedrooms and a versatile second living area, complemented by ducted gas heating, split-system air conditioning, polished timber floorboards, and a central bathroom with a separate toilet. The third bedroom and second living area are comfortably carpeted, offering added warmth and flexibility.
Outside, a level backyard provides a pleasant outdoor setting, complete with a garden shed for additional storage.
Currently tenanted (approx $2,000 pcm), the property delivers immediate rental income for investors, while offering the flexibility to renovate, redevelop, or landbank for the future in this highly sought-after beachside location.
PLEASE NOTE: Some images used in this advertisement were taken prior to the current tenancy to protect tenant privacy. While every care has been taken in preparing this information, it is provided as a guide only. Interested parties should refer to the appropriate legal documentation and conduct their own inspections and due diligence.