An unbeatable location opposite Peanut Farm Reserve offers exciting inspiration to capitalise on this blue-chip bayside position with the creation of one or two luxurious new homes, subject to council approval, of course.The bonus of the dual-access block of 310 square metres (approximate title measurements) with street frontages both front and rear will certainly make the build that much easier. In need of TLC, the existing home comprises five principal rooms, a functional kitchen, a bathroom, a rear garden and a garage. The only limit to convert this offering into an architectural masterpiece is your imagination. If you're looking for an opportunity to make your mark in Melbourne's favourite bayside playground, this is it!Once your architectural triumph is complete, sit back, relax and enjoy all the spoils of living in this fantastic location, which is just metres from Acland Street's mouth-watering cake shops, outdoor dining, retail outlets, restaurants and bars, Blessington Street's cafés, Luna Park, The Palais Theater, Tram Route 96, the beach and Veg Out Community Gardens.All information provided, including floorplans, room dimensions, and land size, is indicative only and intended for general guidance. Belle Property does not guarantee the accuracy or completeness of any plans, illustrations, or representations shown in marketing materials. We recommend that all prospective buyers conduct their own research, seek independent advice, and confirm all details independently prior to making any property-related decisions. Belle Property accepts no responsibility for any discrepancies or misstatements.