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Overview
This property offers a unique opportunity in one of Seaholme's most desired areas, featuring an original unrenovated residence on a substantial 529 square metre allotment with a notable 15.6 metre frontage and no easement. Such dimensions provide excellent scope for a variety of future developments, including the potential for a customised new home or the possibility of multi-dwelling redevelopment subject to council approval.
The residence's classic nature allows immediate rental income potential, making it attractive for buyers who wish to invest short-term while envisioning a more personalised or ambitious building project.
Its location enhances its appeal, being within walking distance to the beach, the lively Pier Street café precinct, convenient local shops, and the Seaholme train station. These factors combine to offer a lifestyle of seaside charm with practicality for commuting to the CBD.
With such limited opportunities in this tightly held coastal pocket, this property presents an exceptional prospect for buyers seeking either a substantial landholding or an investment with considerable future potential.
Local Market Insights
In Seaholme, Quiet Listings observed 16 new houses entering the market over the last 30 days, down from 22 during the previous 30-day period, with an average advertised asking price of $1,347,656. The property type mix of listed properties is predominantly Houses at 48%, followed by units (27%), and townhouses (18%). The most active agency for houses in the Seaholme area is currently Barlow McEwan Tribe, representing 25% of new listings, followed by Belle Property with 19%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
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.
Location
Market Insights for Seaholme VIC 3018
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