2 Archer Close, MOUNT ELIZA

Secure a prized position just minutes walk to Toorak College and moments from the beach and village with this original 1960s Mt Eliza beach house set on a significant 2689sqm (approx.) parcel of land in a peaceful cul-de-sac.Zoned Residential 1 with a wide 72m (approx.) frontage to beautiful cherry tree lined Archer Close, this is an extraordinary opportunity offering almost unlimited scope for redevelopent including potential for a future two lot subdivision (STCA).With virtually all the value in the land itself, canny buyers will immediately see past the inevitable wear and tear of time and direct their focus on the future however there may also be the option to refurbish the existing dwelling for some handy extra cashflow while your plans take shape and pass through council.So when position matters, and it always matters, this is a first class opportunity to capitalise on a blue chip address where a lifestyle of cafes, boutiques, sun and sand is yours for the taking.In conjunction with Conley Luff - Kayn Luff 0416 265 337