23 Ward Street
St Leonards, VIC 3223

Situated on a generous 587 square meter block approximately 16.9 meters by 34.8 meters in the heart of St Leonards, this three-bedroom, one-bathroom home offers significant potential. It is an ideal opportunity for renovators, first home buyers, or developers seeking to unlock value in this sought-after coastal township.

The existing residence provides a solid foundation and is ready for cosmetic updates to create a comfortable family home. There is also scope, subject to council approval, to retain and renovate the existing home while subdividing the rear portion of the land to build an additional dwelling. Alternatively, the property offers the potential for a full redevelopment by demolishing the current structure and constructing two brand new homes, again subject to council consent.

St Leonards is a vibrant coastal community known for its pristine beaches, scenic foreshore, walking tracks, sailing and sporting clubs, as well as local shops and cafes. The area benefits from strong demand for quality housing and enjoys proximity to Geelong, the Bellarine Peninsula, and Melbourne via road and ferry connections. This combination continues to support steady capital growth and lifestyle appeal.

This property presents a rare and versatile opportunity to secure a foothold in one of Victoria’s most desirable seaside locations. Whether you choose to renovate the existing home, subdivide the land, or undertake a full redevelopment, 23 Ward Street offers multiple pathways to maximize value and enjoy the benefits of coastal living.