14 Ashleigh Avenue, Frankston VIC 3199

Rarely offered in such a fantastic location, this imposing six-bedroom classic offers sensational spaces with gorgeous bay glimpses and city views from the second level, affording a fantastic renovation, new home or outstanding development opportunity over 1,015sqm (STCA).

Delightfully north-facing and elevated to capture significant city views across Port Phillip Bay, the existing c1970's generates a current rental income of $2,173pcm, affording you time and space to plan your enhancement or redevelop (STCA). Three large bedrooms, a classic bathroom and a study complement the large lounge/dining with split system heating and cooling, while the central kitchen leads to a vast laundry/sunroom, with external stairs to the garden below. On the ground level, three more bedrooms present anchored by a large second living space.

Alternatively, it's a rare opportunity to build a full-size home on a generous block or redevelop into four contemporary double-story townhouses in this sought after pocket, with the two front units able to reap the benefits of full views from potential balconies (STCA). Take full advantage of this rare offering complete with a double garage and a prized family address; metres to the IGA and Coles shopping, bus services, Frankston East and St Johns Primary Schools, with the beach, Frankston CBD and freeway access all within a few minutes' drive.

Inspections by appointment.