2 Margaret Street, St Leonards VIC 3223

Offered to the market for the first time in nearly 30 years, this solid brick family home presents a rare opportunity in one of St Leonards' most sought-after locations. Set on a substantial 1,140sqm (approx.) allotment, just 200 metres from the sparkling waters of Port Phillip Bay, this property combines a superb position with endless potential.

The home itself is in very good original condition, featuring a practical family-friendly floorplan that has been lovingly maintained over the decades. Step outside and discover a huge north-facing backyard bathed in sunshine – the perfect setting for relaxed coastal living, summer entertaining, or planning your dream renovation or redevelopment (STCA).

For those who love the water, the location is unbeatable. Just a short stroll to the beach, yacht club and boat ramp, and with excellent side access plus generous shedding, there's ample space to store boats, caravans and all your holiday equiptment.

Whether you're seeking a permanent residence, a holiday getaway, or an investment in blue-chip coastal real estate, this is an opportunity not to be missed.