18 - 20 Spray Street, Rosebud

Positioned in a tightly held cul-de-sac just moments from Rosebud's vibrant shopping precinct, cinema and pristine foreshore, this exceptional development opportunity comprises approximately 925sqm of land across two separate titles. The existing original residence, immaculately maintained and cherished as a family holiday home for generations, features four bedrooms, a living area, kitchen, central bathroom and separate laundry. The property is complemented by multiple shedding and storage options. With the advantage of two already-established allotments, there is no requirement for subdivision to construct two dwellings. Alternatively, the site presents excellent potential for a multi-dwelling development (STCA). Located within the Rosebud Activity Area, planning applications may allow for construction up to three levels. Even from a second storey, the property captures stunning views across the bay and towards Arthur's Seat. Just a short stroll of less than 500 metres to Point Nepean Road's shopping strip, public transport and the beach, this blue-chip location will appeal to developers, investors, and buyers seeking a premium coastal retreat.