Presenting a slice of history with an eye to the future, this iconic California bungalow is set in a prime position and offers options for the astute investor. Boasting Residential and Business 5 zoning, it would make a charming cottage home that's perfectly positioned between the CBD and the beach, as well as being ideal for a home-based business, such as a photography studio. The light-filled home features beautiful period details throughout, including ornate ceiling roses, picture rails, soaring ceilings, and polished timber floorboards. It also benefits from elegant updates that have been completed in recent years. Providing ample off-street parking, a spacious sheltered veranda invites you inside to discover the home's heritage style, beginning in the wide entrance hall. A spacious front lounge adjoins the dining room, and both have electric log burners set within 2 large fireplaces, while the lounge also has split system reverse cycle air-con. A stylishly renovated kitchen includes plenty of storage, a stainless steel dishwasher, built-in oven and ceramic cooktop, and this opens to a small enclosed courtyard where you'll also find the laundry and a storage room. 2 elegant bedrooms are serviced by an updated bathroom with shower cubicle, modern vanity and toilet. Conveniently close to Frankston's thriving centre, with shopping, restaurants, abundant entertainment, and train station within strolling distance, plus moments to the Kananook Creek Trail, and to beautiful Frankston beach. • Beautiful period features • Spacious living and dining rooms • Updated kitchen • 2 bedrooms (with the potential to convert second living area into a 3rd bedroom) • Bathroom, laundry • Ample off-street parking https://www.obrienrealestate.com.au/office/obrien-real-estate-frankston/22161