Set on a substantial 834sqm (approx.) allotment in a tightly held, leafy pocket of Highett, this versatile property presents an exceptional opportunity for homeowners, investors, or developers seeking future potential under GRZ5 zoning.
Just a short stroll to Highett Reserve, Waves Leisure Centre, Highett village, Southland, and the train station, the location is second to none. Surrounded by top public and private schools, this is a premium address for families and future buyers alike.
The current home is a charming, move-in-ready four-bedroom, three-bathroom brick residence, showcasing tasteful modern updates including a renovated bathroom, polished floorboards, fresh paint, ducted heating, split system air-conditioning, and an inviting open fireplace. The layout includes two spacious living areas, a central timber kitchen, and a full-width alfresco deck overlooking a large, private backyard — perfect for comfortable living or solid rental income while plans take shape.
Zoned GRZ5, this block provides significant scope for redevelopment down the track. With an impressive 20.3m (approx.) frontage and 42m (approx.) depth, it lends itself to various development options (STCA), including luxury duplexes or even a three-townhouse configuration. The wide frontage also supports dual driveways, ideal for side-by-side builds with no shared land.
Whether you’re looking to settle in and enjoy the home as is, lease it out, or start your next project in a high-growth locale, this is an increasingly rare opportunity in one of Bayside’s most in-demand suburbs.
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