Positioned on a prominent north-facing corner in one of Melbourne's most tightly held bayside suburbs, this tastefully refurbished home presents an exceptional opportunity for investors, owner-occupiers and those seeking a substantial landholding with exciting future possibilities.
Occupying approximately 540m² with an impressive 46.3 metres of combined frontage, the property offers a rare combination of immediate comfort, strong rental appeal and long-term flexibility. An existing secure crossover from Lower Dandenong Road further enhances the versatility of this outstanding corner allotment.
The configuration may lend itself to a future subdivision or dual-occupancy development, potentially allowing two new residences to enjoy their own street frontage and vehicle access, subject to council approval. Buyers are encouraged to undertake their own due diligence regarding any proposed development.
Refurbished Comfort, Ready to Enjoy
Built in approximately 1970, the existing three-bedroom residence combines the solid construction and generous proportions of its era with a stylish contemporary refurbishment. Beautifully presented and ready to occupy or lease, it offers a practical, light-filled layout with quality finishes throughout.
The open-plan living, dining and kitchen area enjoys excellent natural light through north and west-facing windows, while solid hardwood flooring adds warmth and character. A fully renovated central bathroom, split-system heating and cooling, and a feature fireplace with potential to be reinstated further enhance the home's appeal.
The kitchen features brand-new 40mm stone benchtops, with custom kitchen and laundry cabinetry currently being completed. Outside, landscaped front and rear gardens complement the contemporary rendered exterior, while a carport, additional secure off-street parking and a remote-controlled vehicle gate provide everyday convenience.
Property Highlights
Three generous bedrooms
Open-plan living, dining and kitchen
Excellent north and west-facing natural light
Solid hardwood flooring
Fully renovated central bathroom
Split-system heating and cooling
Feature fireplace with potential to be reinstated
Brand-new 40mm stone kitchen benchtops
Custom kitchen and laundry cabinetry currently being completed
Landscaped front and rear gardens
Contemporary rendered exterior
Carport and additional secure off-street parking
Remote-controlled vehicle gate
Approximately 540m² of land
Approximately 46.3 metres of combined corner frontage
Estimated rental return of $750$800 per week
A Location of Lasting Appeal
The property is zoned for Parkdale Secondary College and positioned within easy reach of Haileybury, Mentone Grammar, local shopping, public transport, beautiful bayside beaches and major arterial roads.
Whether you're searching for a quality family home, a high-performing rental investment or a strategic landholding with potential for future redevelopment, 1 McSwain Street offers the flexibility to enjoy today while planning for tomorrow.
Inspect to appreciate the quality, position and possibilities of this outstanding Parkdale property.
All development potential is subject to council approval and relevant planning requirements. Land and frontage measurements are approximate. Rental appraisal is indicative only. Purchasers should make their own enquiries.
