40 East Road, Seaford VIC 3198

This neat and tidy brick home is positioned on an enormous allotment of 1,166M2 (approx) in the heart of Seaford and within walking distance of the glistening Seaford foreshore.

Whether you're looking to move in, utilise as an investment property and or re-develop the site, 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 2 site development to the rear of the block (S.T.C.A)
* Enormous, flat and usable allotment of 1,166M2 (approx) with a 16M frontage (approx)
* A low maintenance, neat and tidy home
* Solid brick construction with high ceilings, hardwood floorboards throughout
* North facing orientation
* Potential rental yield of approximately $350 per week
* Proximity to the Seaford foreshore
* Proximity to local parklands, cafe's, restaurants and an abundance of recreational facilities.

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

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