Positioned only metres from parks, buses and shops, this original brick veneer home offers convenient living with fantastic possibilities for those with a keen eye for value. Set on a generous 761sqm (approx.) allotment, the property provides scope to enhance, subdivide (STCA) or start again with townhouses or a large contemporary residence - easily suiting any lifestyle requirement! (STCA). The existing single-level residence is ideal for investors, with hardwood timber floors, neat bathroom and modernised kitchen with a dishwasher, stainless steel oven and gas cooking. Out the back, a large paved terrace inspires alfresco entertaining, overlooking the established gardens at the rear. Three bedrooms plus a study form a flexible layout, with a large lounge on entry providing a comfortable place to unwind. Presenting an affordable opportunity for all, this home also offers built-in gas heating, a large laundry and off-street parking with a single garage to the side. Positioned perfectly within a short 5-minute walk to Eric Bell Reserve, shops, buses, Monterey Secondary College and Pines Forest Aquatic Centre. Peninsula Link and freeway access are only a few minutes away, plus beaches, trains and fabulous amenities of Frankston CBD all within a quick 5-minute commute.