7 Berwick Street, Brighton, Vic 3186

The equation here is fantastically simple: prime land + excellent location + bonus house = superb residential opportunity. The allotment totals 434 square metres (4671 square feet) and offers numerous residential redevelopment options. Renovate or start again ? the choice is yours, or rent out the existing residence and reap the benefits of a savvy investment. With 46 feet of street frontage in a quiet cul-de-sac just off Bay Street, the location is superb. Within short walking distance is the celebrated Bayside foreshore, as well as the renowned Bay Street shopping strip, with fashion boutiques, restaurants, café and cinemas. Also nearby are schools, parks and public transport options, making this the perfect location for the modern family. The existing three bedroom house is substantial. Solid, quiet and cool, the bedrooms are large and the living spaces are light and bright. A functional kitchen, separate formal dining room and spacious rear family/living area all look out onto the child-friendly rear garden. 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.