2B Wallum Road, Edithvale VIC 3196

*Expressions of Interest closing Friday 6th May at 5pm*

The rarest of rare absolute beachfront finds, tucked away in a cul de sac on 1272sqm approx., in a GRZ2 zoning, this incredible 7-unit development is ready to make way for the ultimate dream. Previously fully tenanted as a strata investment to bring home $136,000 per annum, you can reap the rewards by getting it fully occupied again while you buy time to do what you want. You might want to separate title the current units and sell them off one by one. Or you may want to rebuild a more boutique apartment development that's more conducive to the beachfront location (STCA) with direct beach access. But maybe you just want to spoil your family with a spectacular resort style family estate right on the sand dunes looking out to the breathtaking bay. Whatever you decide, this is possibly the most sought after beachfront blocks in Melbourne, where you can walk to the new Edithvale station and café scene, Edithvale Primary School and glorious parks, and within easy reach of leading private schools in Mentone and Keysborough via train and bus services.