22 Mereweather Avenue
Frankston, VIC 3199

This property is currently rented on a month-to-month basis, generating a weekly rental income of $800. It is situated on an impressive allotment of approximately 799 square metres, just a few metres from the pristine shoreline of Long Island Beach. This classic single-level home offers a unique blend of family charm and exceptional future potential.

Zoned Residential Growth Zone 1, the property presents an exciting opportunity for buyers to start fresh, renovate, or capitalize on its coveted seaside location. It offers a compelling proposition for both families and investors in one of the bay's most desirable coastal addresses.

The home's layout centers around a spacious family and dining area adjacent to a separate formal lounge. The interiors are generous and ready for renewal, with easy access to the alfresco area. The timber kitchen is well-equipped with a stainless steel cooker and dishwasher, leading out to a covered terrace and a large yard that invites creativity and outdoor enjoyment.

A versatile two-level workshop or studio is included, featuring a kitchenette and storage rooms. This space offers flexibility to be used as a recreation room, creative workspace, home workshop, or a private retreat for extended family members. The large RGZ1-zoned allotment also provides an exciting opportunity for multi-site development, subject to council approval.

Inside, the adaptable floor plan includes four bedrooms arranged around a central bathroom, separate toilet, and laundry. An additional shower is provided to accommodate busy mornings efficiently.

Conveniently located just a short drive from Frankston's vibrant selection of restaurants, cafes, bars, cinemas, and shops, the property also offers easy access to public transport, Chisholm TAFE, and major freeways including Frankston and Eastlink. This location combines coastal living with excellent connectivity, making it an ideal lifestyle choice.

Opportunities like this are rare in the market. This property invites buyers to act with confidence and seize the potential it offers.

Features:

• Living Area
• Built-in wardrobes
• Close proximity to Frankston CBD
• Near schools
• Close to shops
• Convenient access to transport

Disclaimer: While every effort has been made to ensure the accuracy of the information, interested parties should conduct their own enquiries and due diligence. The agent and vendor accept no responsibility for any errors or omissions.