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Picture yourself walking along a white sandy beach with the warmth of the sun on your back or strolling to the Chelsea shops? Then this beachside property will surely delight you.
It's a fantastic property with only about 50-70 Meters from the sandy beach of Chelsea. It is in a great position with everything close by.
* Chelsea train station is a 8 minute walk approx 600meters.
* Main shopping precinct on Bath street Chelsea is 5 minutes walk approx 400 Meters.
* Specialist retail shops on Nepean highway about 400 meters walk.
* It's also only about 15 mins drive to Springvale and a few minutes drive to the freeway. Perfect location.
The Land is perfectly shaped about 710m2 flat rectangular block with no easements as per title documents. It has a two bed dwelling on it currently.
You can build your dream luxury home with superb bay views or luxury apartments or townhouses. Fulfill your dream of living the seaside lifestyle or as a magnificent investment opportunity, the choice is yours.
This property is in a Medium to High Density Zone. ( Design and Development Overlay) which permits some low rise apartments. There are precedents and already many apartments all around. Eg adjoining street on Maury Road and Bath.
It has potential to build between 8-12 Apartments (STCA) ranging from approx 65-90m2 depending on number of apartments. It will have great ocean views with once built up.
Or alternatively it can be built 3 nice double storey townhouses (STCA), which will sell great prices for this area.