Very rarely does an opportunity like this come along—to renovate and live in a character-filled home while enjoying all the benefits of its prime location. The possibilities are as diverse as they are promising: develop the backyard (S.T.C.A)), or clear the site entirely for a development project featuring two to three townhouses (S.T.C.A). The block itself is generously sized at over 790m2, with a rectangular shape and no easements, facilitating straightforward future development. The existing home, though in need of some TLC, has all the essentials: 4 great-sized bedrooms, 3 huge living areas, an updated central kitchen, and a massive backyard perfect for family gatherings or future projects. Cozy up by the open fireplace in the formal lounge, and enjoy year-round comfort with ducted heating and evaporative cooling. The main bedroom boasts a modern en suite, while the other three bedrooms feature built-in robes. Location is paramount here—just a short 450m stroll to the local IGA supermarket and Frankston's finest restaurants. Essential services like Frankston Hospital, the train station, Frankston CBD, Jubilee Park, Parc and the beach are all within a convenient 2.5km radius. Moreover, easy access to major freeways simplifies travel whether heading north or south. Don't miss this rare gem. With so much potential and a prime location, 8 Leonard Street is ready to be transformed into your dream home or next big investment. Seize this opportunity today!