Just moments to the stunning blue water of Carrum Beach, this 836sqm (approx.) allotment delivers a fantastic and flexible investment. Rent out the two existing dwellings and benefit from future scope to design and execute a high end development (STCA) less than 400m (approx.) from Port Phillip Bay and with Carrum Train Station just minutes away on foot. Currently hosting a dual occupancy arrangement the allotment offers two self contained dwellings, where a leisurely stroll reveals Carrum Primary School and Patterson River Secondary College. A 15.2m (approx.) street frontage and 54.8m (approx.) depth divided amongst two dwellings allows a new vision to repurpose the current allocation. Promising a low-maintenance lifestyle this coveted opportunity showcases unbeatable proximity to Carrum Village where local shops, restaurants, medical facilities and lifestyle amenities remain accessible on foot or via public transport, with Nepean Highway and Frankston Freeway offering an alternative commute to Melbourne's CBD. Positioned at the rear, the main residence presents a three bedroom design serviced by a central bathroom and ensuite for the main bedroom. Hydronic heating has been fitted throughout for superior comfort whilst a compact rear yard provides access to the double garage. The street-facing residence presents a two bedroom, two living area configuration in original condition. Ample alfresco space complements the interior with timber decking offering both shelter and afternoon sun with direct access to a double carport beyond a roller door. To discuss further, please contact Ray White Chelsea Director Shane O'Sughrue on 0401 119 911.