Set in this fast gentrifying Highett precinct amongst other elite homes, this gutted and primed NRZ3-Zoned property - meaning no town planning processing for single dwelling developments - offers a HUGE 657sqm (approx.) land parcel that's more than ready to be reborn. And it goes without saying just how increasingly rare an undercapitalised find such as this becomes available in this bayside pocket these days! Just over 1km from the bustling Highett shops and train station; Highland Reserve and playground at the end of the street, an easy walk to Sandringham College campuses, Bluff Road and Bay Road shops, and a mere 3km from Southland shops and train station. It's the developer, investor, or the new-home builder's dream-come-true - a doorway into this thriving bayside location, minus the price tag! With a wide 15.8m street frontage by 41.5m (approx) deep building canvas to play with, an array of development opportunities and options are there to explore. Bring the kids, pace out the space for a sunny pool and give your architect the nod to start drafting up plans for your dream family home…like the fortunate families who have already built at this family-wise address. Alternatively, measure out this prime site to fit multiple new residences (STCA) for maximum return on investment. For a clean, easy start, the existing home has been completely gutted to an empty shell, providing excellent cost, time and energy savings to the new owner, who are no doubt eager to start a new life here! Whatever you choose, this is a rare chance to snap up an affordable entry into this popular address: wipe the slate clean and make your mark on this pocket with Highett's next premier address! PLEASE NOTE: *Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent. * Photo ID required at all open for inspections *As per government regulations, anyone attending a public open home inspection or auction must provide proof of double vaccination and check in via the QR code provided on site.