50 Mccomb Blvd, Frankston South, Vic 3199

***UNDER CONTRACT*** Even the address has appeal. McComb Boulevard is one of Frankston South's best streets with large properties and much money being spent on development and renovations. This property is both a prime piece of real estate and also a fantastic investment/development site as the current owners have now obtained Council approval to construct a magnificent town house at the front of the block while retaining the large 4 bedroom home at the rear. This property may ideally fit into your superannuation strategy with scope to improve on the over all value and therefore investment return over the coming years or build now and reap the benefit by selling or leasing one or both of the homes. The existing home has 4 extremely large bedrooms, 2 bathrooms and 2 distinct living areas with huge ceilings and space for everyone. It has a north facing paved courtyard/entertaining area and double garage with its own separate drive way. The new home will consist of 3 spacious bedrooms, with the main bedroom having a fabulous ensuite and large walk in robe. The home is split level in the living areas with a sitting room on the lower level and a large open plan informal living area with feature kitchen and high ceilings to the upper level. This allows direct access to the large external decking areas which is set over two levels with views over the surrounding area. There is also direct access from the home to the double garage which has its own drive and crossover. Live, invest, sell! The choice is yours - but so are the profits. The owners would also look at selling the existing home and retaining the front block and constructing the new town house themselves