48 Ward Street, St Leonards VIC 3223

Representing exceptional value, following a price reduction, this superb 1,690m² (approx.) allotment offers a unique opportunity to secure a stand-out property, with future growth and development potential (STCA), just moments from the bay and vibrant St Leonards township. Offering the ideal opportunity for developers, investors, or those seeking space to grow this property will appeal to those with a growth mindset. Multi-unit developments on other allotments in this street have proven successful to developers and the potential to redevelop this premium site (STCA) is truly outstanding.

The existing residence exudes warmth and character, featuring two double bedrooms with built-in robes and two generous living areas. Polished timber floorboards flow through much of the home, creating an inviting ambience, while the open-plan kitchen, dining and living area forms the heart of the home. From here, sliding doors extend to a semi-enclosed, undercover entertaining zone – complete with weather protection blinds and a solid-fuel heater – offering a comfortable year-round space to relax or host family and friends.

A modern, centrally located bathroom and separate toilet service the home, while a single carport provides convenient parking. The vast rear yard is a true highlight – offering plenty of space for boats, caravans, or future development potential (STCA). Mature trees create a peaceful, private garden setting, ideal for a summer BBQ or a game of backyard cricket.

A rare chance to secure a large parcel of land in a tightly held coastal location – inspect today and explore the possibilities.