10 Patterson Road
Bentleigh, VIC 3204

This exceptional property offers a prime 732 square meter site currently generating an annual return of approximately $70,000, presenting a unique investment, development, and lifestyle opportunity. Located just 200 meters from Dendy Park and within walking distance to the prestigious Patterson village and station, this versatile property is ideally positioned close to Brighton Secondary College, Centre Road shopping strip, and the renowned beaches and private schools of Brighton. Additionally, it falls within the zoning for Bentleigh West Primary School, one of the area's most popular primary schools.

The property features a substantial Art Deco main residence with six bedrooms, showcasing solid brick construction and fresh paintwork. The spacious living area is complemented by a high-grade kitchen equipped with Fotile appliances and a meals area, alongside three generous bathrooms. At the rear, a completely separate two-bedroom cottage-style unit offers its own quality kitchen with Fotile gas cooktop and Bosch dishwasher, a stylish bathroom with separate WC, full laundry facilities, and reverse-cycle air conditioning, providing flexible accommodation options.

Additional amenities include an original garage currently converted for storage and ample on-site parking. The property holds a rooming-house certificate allowing multiple tenancies, enhancing its investment potential. This rare offering combines solid rental returns with significant development possibilities in a highly sought-after location.

With its blend of classic architectural appeal, versatile living arrangements, and excellent location, this property is ideal for investors and developers seeking to capitalize on the growth and prestige of the Bentleigh area. The combination of a large land parcel, multiple dwellings, and proximity to key amenities makes this an invaluable find for those looking to multiply their options and reap multiple rewards.

For further information on this outstanding investment, development, and lifestyle opportunity, please contact the listing agents. This property represents a rare chance to secure a significant asset in one of Melbourne's most desirable suburbs.