Rosebud 1235 Point Nepean Road
Golden opportunity with mixed zoning
Auction Sat 13 June 11:00am
Commanding a prized position across from the pristine waters of Port Phillip Bay, this character-filled beachside property offers traditional charm and extraordinary potential in a blue chip location. Set on a flat 780m2 (approx.) allotment with shops, restaurants, cafes and bus stops on your doorstep, it presents an outstanding opportunity with both residential and commercial zoning.
Currently set up as successful holiday accommodation, the property includes 3 separate units – a 2-bedroom ground-floor unit and 1-bedroom upstairs apartment in the main residence plus a self-contained 2-bedroom cottage at the rear. Built in 1945, the double-storey home features Tasmanian oak floors, leadlight windows, decorative cornices, marble-topped kitchens and open fireplaces with an upstairs terrace capturing picturesque views of Arthurs Seat, while the cottage enjoys lovely garden views.
With a total of 5 bedrooms, 3 bathrooms and parking for 4 vehicles, this unique property offers endless possibilities – continue operating as a holiday investment and reap the rewards, make it your permanent home with guest/in-law accommodation or re-develop the site (STCA) to make way for a luxury coastal retreat or a lucrative business with excellent street exposure and local traffic.
Properties like this are seldom found. Be quick to register your interest and make the most of this golden opportunity.