This charming weatherboard cottage presents a unique opportunity, offering dual properties in a single package. The main house and the rear bungalow are currently occupied by tenants, making it an attractive investment prospect with immediate returns. Alternatively, this property holds great potential as a renovation project or a wonderful first home for families, including those looking for multi-generational living arrangements.
Alternatively, the expansive 850sqm lot comes with endorsed plans for the construction of three double-storey townhouses. This prime location is within walking distance to the beach, train station, primary school, Bayside Shopping Centre, and local entertainment venues, making it a highly convenient and sought-after investment opportunity.
The spacious front garden has long driveways on both sides, giving ample off-street parking for the house and the bungalow. A covered porch welcomes you to the main home, where the flowing layout first opens to a central hallway and a bright, spacious lounge with split system reverse cycle air-con, then through to the modern kitchen/meals with freestanding oven/electric cooktop.
There are 3 bedrooms to the left of the home, including 2 large bedrooms with BIRs, and these are serviced by a bathroom with shower over bath and vanity, plus a laundry and separate toilet. A spacious back hall overlooks a covered patio alongside a very large level back lawn.
The rear bungalow has its own entrance and provides a central living area with RC/AC, kitchen/meals with lovely sunrise views, laundry/shower room and toilet, plus a spacious bedroom. It also includes a private garden and shed.
With so many options available and in a great location, don't miss out on an inspection!
https://www.obrienrealestate.com.au/office/obrien-real-estate-frankston/22161
