Set against the serene backdrop of Cape Schanck's striking native landscape, this extraordinary property offers a rare and lucrative opportunity. Encompassing an impressive 1,727 sqm (approx.) across two separate titles-a charming 1980s residence and an adjoining vacant allotment-this versatile offering invites you to reimagine coastal living or capitalise on a prime investment prospect. Backing directly onto the prestigious RACV Golf Course's fourth hole, the property combines tranquillity and convenience, placing you moments from world-class surf beaches, scenic walking trails, and the Mornington Peninsula's celebrated farm gate produce and wineries. Whether you envision crafting a luxury family estate, utilising the vacant title for a second dwelling (STCA), or retaining both as an idyllic retreat, the possibilities are as expansive as the land itself. The existing residence exudes timeless appeal, featuring four bedrooms, two well-maintained bathrooms, and multiple living spaces designed for relaxation and entertaining. A vintage yet functional kitchen with updated electric appliances adds a touch of retro charm, while a wrap-around balcony invites you to soak in the peaceful ambiance and verdant views. Practical features abound, including split-system heating and cooling, a spacious laundry, and ample parking with a carport, garage, and additional space for a caravan, boat, or trailer. Outdoors, multiple alfresco areas and lush native surrounds create a haven for outdoor enjoyment. The adjoining vacant lot amplifies the property's potential, offering a blank canvas for your architectural aspirations or an investment strategy that maximises the dual titles. Build a second residence, create a sprawling garden sanctuary, or explore development options (STCA)-the choice is yours. Situated less than 90 minutes from Melbourne, this property is perfectly positioned for both permanent living and weekend escapes. Revel in the proximity to the RACV Cape Schanck and National golf clubs, the iconic Cape Schanck Lighthouse, luxurious hot springs, and a myriad of epicurean and wellness experiences. With its unparalleled location and unique offering, this is an investment in lifestyle, leisure, and limitless potential. Property Features: - Original 1980's gem set on a magnificent 1,727*m2 allotment. - Adjoining the the prestigious RACV Golf Course's fourth hole. - Two separate titles - providing the exceptional and rare opportunity to invest in a second dwelling and enjoy the profits from future potential rental income build your dream home (stca), or retain the property as is and enjoy for many years to come. - Surrounded by world class amenities. - Split system heating and cooling. Single garage and carport - plus ample additional parking for cars, caravan or boat. *All distances and measurements are approximate only.
Email enquiry to YPA Rye & Lifestyle Property Division - RYE
Property ID: 146812536