705 Point Nepean Road, McCrae

Sitting on corner block of 978sqm (approx) this charming original home with period features will offer a range of possibilities and opportunity to different purchasers. Choose to restore the charm of the 1950’s home “Wallan” by renovation and/or extension (STP) and take advantage of the spacious backyard. Alternatively you may choose to subdivide (STCA) and create a new block with its own street frontage at the rear, and retain the existing home to the front. Developers/investors may choose to remove the existing home providing a unique opportunity in a sought after location to subdivide and build two double storey homes (STCA), providing each with their own street frontage and driveway taking advantage of the corner position. Or perhaps you are suited to building one substantial home over the entire site that offers space for a pool, dual access to maximise vehicle accommodation, and a sizeable building envelope to realise your dreams. Enjoy yesteryear in this liveable home, whilst arranging plans and permits, or generate a rental income until you are ready to build. A short walk to McCrae plaza in one direction, the lighthouse shopping precinct in the other and sitting opposite the stunning McCrae beach, you will enjoy the lifestyle and relaxed environment. Along with easy access to the freeway, and a beautiful leafy and rustic setting, the many favourable aspects on offer here are truly desirable and offer an opportunity to add value for the future. "Wallan" currently offers two bedrooms, living/dining room, spacious entry, sunroom, kitchen, single garage, two driveways, laundry, bathroom, and a bungalow. Private inspections are available each day upon request.