Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
980m² of Chelsea Opportunity with Development Appeal
This property offers a rare and exceptional opportunity with a substantial landholding of approximately 980 square meters, featuring an impressive frontage of about 20.3 meters. Located in one of Chelsea's most sought-after beachside areas, this allotment presents significant potential for various development projects.
For developers, the wide and level dimensions of the block provide an excellent foundation for a side-by-side townhouse development, luxury residences, or a premium redevelopment, subject to council approval. The generous size and positioning of the land make it highly adaptable for multiple uses, catering to modern living demands.
Investors, renovators, and land bankers will find this property appealing for its long-term value. The existing home on the site boasts classic character and generous proportions, with a highly liveable layout that offers immediate rental appeal or comfortable accommodation during the planning and permitting phases. The established gardens and spacious rear yard add to the property's charm and functionality.
Dream-home buyers have the opportunity to create a unique and special residence on this substantial block, benefiting from the traditional charm and the potential to customize the property to their preferences.
The location enhances the property's appeal, as Chelsea is renowned for its relaxed bayside lifestyle. Residents enjoy access to the beautiful Port Phillip Bay beach, a vibrant village shopping strip with cafes and supermarkets, quality schools, parks, and convenient transport options including Chelsea Station on the Frankston line.
Nearby recreational amenities include Bicentennial Park, which offers playgrounds, sporting facilities, and walking tracks through natural bushland. The proximity to neighboring suburbs such as Bonbeach, Edithvale, Patterson Lakes, and Mordialloc further enriches the lifestyle options with additional dining, shopping, and leisure opportunities.
In summary, this property combines large land size, wide frontage, a desirable beachside lifestyle, and promising development potential, making it a rare and valuable opportunity in Chelsea with multiple rewarding futures.
Features
- Spacious living area with classic character
- Generous land size of approximately 980 square meters
- Wide frontage of approximately 20.3 meters
- Established gardens and spacious rear yard
- Highly liveable layout offering immediate rental appeal
- Prime location in a tightly held beachside pocket
- Close to beach, shopping, schools, parks, and public transport
- Potential for townhouse development or luxury residences (subject to council approval)
- Ideal for investors, renovators, land bankers, and dream-home buyers
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| Auction | Sat 13th Jun 11:30 AM | |
| Auction $1,200,000 - $1,300,000 |
Location
Chelsea VIC 3196
Market Insights for Chelsea VIC 3196
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
