8 Swansea Grove, Mornington VIC 3931

This prime beachside property provides the rare chance for an astute purchaser to maximize the potential from a generous land size of 763sqm (approx). Situated in a quiet street and conveniently located close to local shops, transport and glorious Fishermans Beach, this property is an opportunity not to be missed. Possibilities include a dual occ development to renovate the existing house and build a new townhouse in the backyard (STCA); demolish the existing house to make room for two new townhouses (STCA); build your own dream home (STCA), or simply add to your investment portfolio knowing beachside properties are always a wise choice. Whatever you decide, you'll have the lucky number 8 on your side, representing 'wealth' or 'fortune' in traditional Chinese culture.

The existing home features three substantial bedrooms, updated main bathroom, solid timber kitchen, open-plan living/dining spaces, separate sun room retreat, covered outdoor entertaining area, gas ducted heating, split-system air-con, polished hardwood floors and a double garage. Currently tenanted, returning $370 per week (approx).
With Mornington's lifestyle becoming more accessible to the downsizing residents of Melbourne's eastern suburbs, this is a tremendous opportunity to unlock the potential from a generously sized beachside block.