Located in the heart of Chelsea, this immaculate family home + bungalow offers a rare opportunity with exceptional potential. Occupying an approximate 773m2 with a 16m frontage and rear northern aspect, the substantial dimensions provide excellent scope for dual occupancy development, subdivision or three luxury townhouses (STCA.) The existing three-bedroom, two-bathroom home fuses modern comfort with classic charm, featuring two separate living areas, a large central kitchen with meals and split-systems, along with a single lock-up garage and carport. The rear bungalow enjoys a living room, bedroom and bathroom, ideal for guests or multi-generational living. A prime location, this outstanding property is situated one block from Chelsea Primary School, 650m from the train station, and a short stroll to Chelsea Village, Victory Park, Bicentennial Park and one of the best beaches along the bay. Tenanted until Nov 2026, earn income while exploring your options!
