Found yourself a rare opportunity in a rapidly-transforming beachside location on 650sqm/6996sqft (approx.) of premium Cheltenham land. Showing-off easy-access to Southland and 'new' train station and Bayside beaches, this much-loved family home provides versatility with an approved planning permit for a 2-lot subdivision. This four-bedroom residence featuring north-oriented living with generous spaces, a fully functional kitchen for meals and ample bench space and vintage family bathroom. Equipped with ducted heating, an air-conditioner and a double-car auto-garage, a carport with great gardens for children to roam and family gatherings/outdoor entertaining. It also offers excellent renovation and development potential. A permit for a fifth-bedroom extension for the existing dwelling and a three-bedroom two-bathroom townhouse at the rear. Alternative, flexible zoning to suggest apartment usage! Which empowers you to capitalize on the property's desirable location and proximity to George Fry Reserve, Southland, Sandringham College and the booming Highett village. Contact Kevin Fan on 0491 606 640 or Sam Hartrick on 0421 272 726 for more info (plans and permit) and an inspection. For more property visit: www.gsregroup.com.au