Pace out the frontages (approx 45.7m x 15m), total up the land (around 690sqm), add in the value in the existing home and tally up the multiple options here. Corner-sited, this versatile property is ready to step up and join its multi-home neighbours (subject to Council Approval).
Option 1 - retain & renovate the existing home and build a townhouse with its own street frontage in the back
Option 2 - Subdivide the back yard and sell the plans and permits for townhouse.
Option 3 - Bulldoze the home and build 3 townhouses (STCA)
Option 4 - Bulldoze the home and build your dream house
Consider the easy walk to Carrum station and shopping precinct, continue to the pristine Carrum beach and enjoys walks along the beach. Carrum has so much to offer with the river and walking trails, recreational ovals, cafes, Aldi and so much more.
The home itself has plenty of value, with versatile up to three bedroom accommodation with large lounge-dining, a flexible sitting-room/study and a spotless kitchen, this impeccably presented home will pay its way (or pay to renovate) until the time is right. This very liveable and rentable home adds flexibility to your plans!