Superb 4050m2 Land Holding with Two Street Frontages walking distance to Ocean Beaches. Retained in the family for many years, this much-loved family landholding with charming three-bedroom brick home on land approx 4050m2 or 1 acre has two street frontages to Heyfield Rd and Arunta Court. Located just 700m to Ocean Beaches, this predominantly flat parcel offers an unparalleled opportunity to renovate, extend the existing dwelling or construct a significant lifestyle home and enjoy the anonymity and privacy that Oceanside Rye prestige precinct offers. The dwelling is in excellent condition and would benefit from further enhancement internally ie painting and kitchen bathroom upgrades but is perfectly liveable now. Features such as polished hardwood flooring, three large bedrooms with built in robes, central bathroom with spa bath and sep wc add to the flexibilty and appeal of the property. Additional shedding and storage may be of use whilst in the preparation phase of development. Easily accessible via Browns Rd, this rare offering is just minutes to 16th Beach General Store, Rye Shopping Village, St Andrews Brewery and shops, Hawkes Farm Gate, Peninsula Springs Thermal Baths and a short drive to Main Ridge, Red Hill and beyond to wineries, gourmet food producers and restaurants and easy access to Freeway.