23 Ward Street
St Leonards, VIC 3223

Situated on a generous 587 square meter block measuring approximately 16.9 meters by 34.8 meters in the heart of St Leonards, this three-bedroom, one-bathroom home offers significant potential for a variety of buyers including renovators, first home buyers, and developers. The property presents multiple opportunities to unlock value in this highly sought-after coastal township.

The existing residence provides a solid foundation and is ready for cosmetic updates to transform it into a comfortable family home. For those looking to expand, with council approval, there is potential to retain and renovate the current home while subdividing the rear portion of the land to build an additional dwelling. Alternatively, the property offers the possibility of a full redevelopment by demolishing the existing structure and constructing two brand new homes, subject to council consent.

St Leonards is a vibrant coastal community renowned 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 close proximity to Geelong, the Bellarine Peninsula, and Melbourne, accessible via road and ferry connections. This combination of lifestyle appeal and steady capital growth makes it an attractive location for homeowners and investors alike.

Whether you choose to renovate the existing home, subdivide the land, or undertake a complete redevelopment, 23 Ward Street offers a rare and versatile opportunity to secure a foothold in one of Victoria’s most desirable seaside locations. This property is ideal for those seeking an entry-level development opportunity with excellent potential for future growth.