Rare opportunity to secure this waterfront property offering a wonderful bayside outlook. The existing home offers three bedroom accommodation with open plan living boasting excellent views across Port Phillip Bay. Externally the property offers secure parking with double garage and also a self contained bungalow. With an allotment of over 700m2 consider the many exciting development possibilities in this highly regarded beachfront location. With all amenities close at hand, a short stroll along the beach takes you to Pier Street shopping and restaurant precinct.