8 Bay Street, Mordialloc, Vic 3195

Sold: $1,355,000 (02-27-2016)

8 Bay Street, Mordialloc, Vic 3195 3195
SOLD
  • hotel 4
  • hot_tub 2
  • directions_car 2

Five doors to the bay, two blocks to the village and station, two frontages and GRZ2 Zoning ?this one has multiple options. Currently home to a distinctive mid-Century brick home, this big deep approx 720sqm property offers multiple options for developers, new home builders and renovators alike (subject to Council Approval).

Look to existing concepts and be inspired in your development vision for this prime site. With scope for rear access basement garaging below, room to add a rewarding number of residences and a view to the bay to top it all, this prime site is an easily manageable, readily-rewarding beachside development opportunity within a walk of the thriving shopping and transport precinct.

Alternatively, consider placing two street front homes here to reap the rewards of demand for luxury low-maintenance living within steps of the bay. Maybe even keep this prime site all to yourself and create a family dream home in grounds big enough to fit rear garage and pool within easy reach of the Mentone school.

But don?t overlook the four bedroom, two bathroom, dual zone home already here. Designed and built by its artist owner in 1964, this brick home is a true blank canvas, with beautiful proportions, big full height windows, lofty ceilings and substantial construction easily extended to a bay-view second storage. With existing garaging from the rear beyond a vie-draped colonnaded in deep lawned gardens, this modern classic is an inspiring base for family living?or a value-adding addition to a dual occupancy plan.

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