Are you ready for a rewarding renovation project? Look no further than 529 Melbourne Road, Newport. This property presents a unique opportunity to transform a run-down gem into your dream home or possible sub-division (STCA). Located conveniently on a block that runs from a service road on Melbourne Road through to Schutt Street, offering the rarity and obvious development scope of dual frontages, this property holds enormous potential with a myriad of possibilities. Set on a large parcel of 624m2 approx., the property offers a functional layout of three bedrooms, central bathroom and open plan living providing ample space for your creativity to flourish. Access via Schutt Street offers an abundance of parking for cars, boat, caravan and even a small truck with a high clearance car port. With some love and attention, you can create a comfortable living environment or demolish and build your dream home in a highly sought after neighbourhood. There is unlimited potential to embrace the opportunity to bring your vision to life. 529 Melbourne Road allows you to reimagine the space to suit your unique needs and personal style. Unleash your creativity and create the home you've always dreamed of. Alternatively, savvy investors will recognize the potential for significant returns. With the right renovations or subdivision (STCA), this property has the potential to become a valuable asset in an ever-growing property market. Conveniently located near shops, restaurants, parks, and public transportation, you'll have everything you need within easy reach. The combination of a short drive to the Melbourne CBD provides the flexibility for commuters to choose their preferred mode of transport further highlighting the property's overall desirability and potential for individuals seeking a favourable and well-connected location. With the right vision, resources, and execution, this property has the potential to become a standout development (STCA) or an exceptional home that leaves a lasting impression on the community and sets the stage for a brilliant future in a suburb that has demonstrated consistent year on year capital growth.