8 Glendale Grove, Mccrae VIC 3938

Presenting an outstanding development opportunity less than a kilometre from the pristine waters of Port Phillip Bay, this beachside property includes approved plans and permits to subdivide the block and construct a new, double-storey home at the rear.
The 670m2 (approx.) parcel of land features an existing 3-bedroom dwelling which you could renovate and immediately add value to. Featuring original hardwood floors throughout, a kitchen with stainless-steel appliances and a front deck with picturesque views of Arthurs Seat, it also boasts a 2nd living area/bathroom on the ground floor with its own entrance which would make ideal self-contained accommodation. Complete with heating/cooling and a single garage, it offers enormous potential.
With council permits already in place for a double-storey 3-bedroom home at the rear with 2 living zones and a double garage, this is a fantastic opportunity for developers and renovators alike. A short walk to spectacular beaches and popular shops, restaurants and cafes, this property commands a sought-after location with easy access to Peninsula Link, wineries, golf courses and all the area is famous for. Whether you choose to keep both homes or sell or rent the other, this is a unique chance to invest in the future and reap the rewards.