SALE BY FIXED DATE - 7/08/19 (Unless Sold Prior) A GENUINELY VERY RARE OFFERING excellent development opportunity with a family home. Endorsed Plans & Permit for 2 side by side dwellings on a good-sized block of 549 m2* approx. Situated within easy reach of amenities including Karingal Hub Shopping Centre and the Frankston Homemaker Centre, and a 4-minute drive to Frankston Station, walking distance to Ballam Park, McClelland College and Ballam Park Primary School, this property is sure to impress you. Existing home featuring 4 bedrooms, serviced with a central bathroom and two toilets accommodating growing family needs. Its interiors feature a sunken lounge with a gas wall furnace, air-conditioning, an open fireplace, and a light-filled kitchen with a gas cooktop and a breakfast bar. Under house offers a rumpus room along with a second toilet and laundry , a zone with untapped potential as a teen's retreat and more. Other features include a double carport, 2 off-street parking spaces in front of the carport, a balcony, polished floorboards and a generous back yard. For savvy developers and investors, this place offers council endorsed plans for two Side by Side townhouses featuring: Townhouse (1&2) - 23.5sq* approx., Double Storey, offering 3/4 bedrooms, master bedroom with full en-suite and walk in robe, second family bathroom and a powder room. U shaped Kitchen bench adjacent to large family living/dining, separate living lounge and separate massive family/rumpus room, plus single garage + one car space with internal access. Photo ID required at Open For Inpections NOTE: Link for Due Diligence Checklist https://www.consumer.vic.gov.au/duediligencechecklist