Among Mt Elizas envied golden mile addresses just steps from the Ranelagh Club and Ranelagh Beach, this 4 bedroom home lends its coastal charm for an exciting renovation while the 825m2 (approx.) property offers enormous appeal for redevelopment in the most prestige of positions.
A lovely setting in a picturesque tree-lined street, this is a rare and affordable opportunity to step up into this beachside neighbourhood, while builders and developers can bring the property to life and create one of their best designs.
Presently tenanted, the 3 bedroom home and guest apartment earns an attractive income while new owners develop a design and put the plans through council.
Fronted by a wrap-around balcony that shows through treetops to the shimmering bay waters, the home includes an open plan living and dining area flanked in glass with polished floorboards and glass sliding doors to the surrounding balcony.
The kitchen has a gas cooktop, wall oven and dishwasher, while a modernised bathroom includes a corner spa, shower and marble vanity with frosted glass bowl.
3 bedrooms include 2 with their own doors to the balcony or the garden, a lower level apartment includes a guest room and ensuite with its own entrance, while a rear studio bungalow makes a great freestanding rumpus room for the kids or a home office or bunk room for an overflow of guests. Behind auto gates and established gardens, the home also includes a double carport and 2 x 5000L water tanks.
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