38 East Road, Seaford VIC 3198

This character filled home is positioned on an enormous allotment of 1,137M2 (approx) in the heart of Seaford and within walking distance of the glistening Seaford foreshore.

With a strong precedent for development in the immediate this is an entry level opportunity to capitalise on the capital growth potential of Seaford.

Whether you're looking to move in, utilise as an investment property and or land bank / re-develop the site (S.T.C.A), this home offers the ideal short or long term investment criteria:

* Potential to re-develop to accomodate FOUR townhouses (S.T.C.A)
* Potential to retain the front existing home and complete an additional development to the rear of the block (S.T.C.A)
* Enormous, flat and usable allotment of 1,137M2 (approx) with a 16M frontage (approx)
* A serviceable home offers the potential to be rented out immediately
* North facing orientation
* Potential rental yield of approximately $380 per week
* 3KW (approx) solar power system greatly reduces the electricity bills

Within proximity of:

* Walk to World Class Beaches
* East Seaford Reserve
* Seaford train station/local buses
* Belvedere Reserve/Seaford Wetlands
* Frankston Fwy, Peninsula Link and East Link
* Seaford Junior & Senior Football Clubs

Seaford is one of Melbourne’s fastest growing and most desirable locations for many reasons. An affluent demographic of prospective purchasers are seeing enormous value in the lifestyle elements this great city offers! This is a great opportunity to enjoy Seaford's

* Amazing beach
* Sporting and Recreational Amenities
* Multitude of Restaurants, Cafes Entertainment Options
* Ever Expanding Collection of Shopping Outlets
* Proximity to Melbourne as well as the Mornington Peninsula