A truly rare offering, these two homes on one title present exciting potential to further capitalise in a desirable bayside pocket. Set on a level rear north 992sqm block with R3 zoning, stroll to popular cafes, waterfront parks and sandy beachfront. Formally approved for sub-division, this site offers redevelopment potential for townhouses, dual occupancy, or boarding homes (STCA).
Offers flexibility to occupy now, renovate, invest or rebuild (STCA)
Current DA approval for a subdivision, 470sqm and 521sqm, perfect for renovation
Development Potential for townhouses, dual occupancy or boarding homes (STCA)
Currently receiving a dual income of $1000 per week
Front home is an original 1960s cottage with 3 Bedrooms, 1 Bathroom
Rear home is a 4 Bedroom alpine-style home
Private north-facing outdoor entertaining area and sun washed garden
Features spa bathroom plus extra powder room, multiple garden sheds
200m to Sandringham Beach
Stroll to Cafe Bella Dee and the Sailing/Motor Boat Clubs
