1 Fraser Street
MELTON SOUTH Victoria 3338
Overview
Set on an impressive 649m² (approx.) allotment in a tightly held and well-connected pocket of Melton South, 1 Fraser Street presents a compelling opportunity for investors, renovators, builders and buyers seeking genuine long-term upside.The existing home offers a traditional footprint comprising three generously proportioned bedrooms, a large lounge room, meals area, central bathroom and a spacious kitchen zone, providing flexibility for those considering a substantial renovation or reconfiguration. A separate laundry with external access, side access and a large garage further enhance the practicality of the site.A standout feature of the property is the expansive backyard, complemented by a separate detached bungalow. This additional structure presents an exciting opportunity for buyers to explore renovation or conversion options, including the potential to create a self-contained one-bedroom, one-living space or granny flat (STCA) - an attractive proposition for extended families, dual-occupancy living or investors seeking future versatility.One of the key advantages is the abundance of space on offer, ideal for buyers needing room for trailers, boats, jet skis or multiple vehicles - a lifestyle benefit that is becoming increasingly rare in newer developments.The real value, however, lies in the land and positioning. With generous dimensions and a functional allotment layout, the property presents strong scope for future redevelopment or subdivision potential (STCA), making it a strategic acquisition for those looking to add value over time.The location further strengthens the offering. Situated in an established residential area and within easy reach of transport, schooling, shopping and medical services, this address is underpinned by strong infrastructure and ongoing local demand.With excellent connectivity to the Melton township and surrounding amenities, 1 Fraser Street offers space, flexibility and future opportunity in a location that continues to perform.Nearby Points of Interest (Approximate Distances):• Melton South Train Station - approx. 450m• Woodgrove Shopping Centre - approx. 1.8km• Melton South Primary School - approx. 650m• Melton Secondary College - approx. 1.1k• Melton Hospital - approx. 2.4kmPhoto ID Required for All Property InspectionsPlease refer to the link below for the most recent Due Diligence Checklist:https://bit.ly/RWDue_DiligencePlease refer to the link below for Ray White's Collection Notice:https://bit.ly/RW_PrivacyNoticeDISCLAIMER: All dimensions are approximate. The details provided are for general information purposes only and do not constitute any representation by the vendor or real estate agent. This document has been prepared solely for marketing purposes. While every effort has been made to ensure the accuracy of the information, we do not accept responsibility for any errors. Prospective buyers should conduct their own inquiries to verify the information provided.
Location
1 Fraser StreetMELTON SOUTH Victoria 3338 T