10 Griffin Street, Brighton East, Vic 3187

The equation here is fantastically simple: prime land plus excellent location plus large home equals superb residential opportunity. The allotment totals 764 square metres (8225 square feet approx) and offers numerous residential redevelopment options. Rent out the existing residence and reap the benefits of a savvy investment, or renovate or even start from scratch - the choice is yours. Nestled at the bottom of a quiet cul-de-sac, the location is a short distance to shopping strips, primary and secondary schools, parks and public transport options. The existing two-storey solid brick and timber home boasts 6 bedrooms and 4 bathrooms. There are several large open-plan living spaces, a separate formal dining room, a huge upstairs billiards room/rumpus retreat with extended balcony, two cocktail bars and three working fireplaces. Outside features include a swimming pool, separate spa, timber decking, and two brick-paved areas ideal for entertaining. Whether using the existing dwelling as a base for building up and out, or starting afresh and erecting your dream family home for loved ones, opportunities like this are few and far between. Recognise the potential of such a property? Then grasp this one today!