UNDER INSTRUCTIONS FROM THE VENDORS THIS PROPERTY MUST GO TO AUCTION.Tightly held within the same family, this superb 4829sqm (approx) property with a 4 bedroom home and bay views presents the most exciting of opportunities for restoration or redevelopment (STCA).Situated on a corner allotment with dual street access, the location captures the essence of coastal living surrounded by a selection of bay beaches, including Daveys Bay within walking distance, while excellent schools and the shops, cafes and Mount Eliza Village are all just a short drive away.A perfectly preserved time capsule of a bygone era, the 1950s home offers a spacious floorplan for the period with 4 living zones comprising a formal lounge, formal dining, rumpus room and sunroom, along with a charming all-original kitchen and meals area, all of which have been positioned to capture the water views.Dotted down the long hallway, the 4 bedrooms include built-in robes and easy access to the 2 conjoined bathrooms, while a creative eye will instantly spot the endless potential of the flexible floorplan to adapt to contemporary requirements and even capitalised on the sparkling bay vistas with the addition of a second storey (STCA).An idyllic locale to raise a family or launch your development aspirations, the residence includes a study, storeroom, mudroom, fireplace, shed, double carport and workshop.TO VIEW BUYER DUE DILIGENCE CHECKLIST VIEWhttp://consumer.vic.gov.au/duediligencechecklist