Unlock the potential of 8 Margate Avenue, Frankston-a prime real estate opportunity brimming with development potential (STCA) and unbeatable location advantages. Situated on a sprawling 690m2 block, this property presents a canvas for your vision. Nestled next to Bruce Park and within walking distance to Heatherhill shops and Frankston Heights Primary School, the location offers a coveted blend of tranquility and convenience. Moreover, being in the Frankston High School zone adds to its desirability. The existing brick home provides a solid foundation for redevelopment or renovation. With a single lock-up garage plus workshop, a single carport, and a water tank already in place, the groundwork for expansion is laid. Inside, discover a spacious living room with a ceiling fan and timber flooring in the kitchen/dining area. The kitchen includes a 4 burner cooktop and a walk-in pantry, while the separate laundry offers easy access to the backyard. Two bedrooms, including a main bedroom with a built-in robe and fan, cater to comfort, while a second living area with a built-in bar and additional storage/third bedroom provides versatility. Outside, a fenced pool and a shed enhance the lifestyle appeal while offering potential for enhancement or modification. With proximity to local amenities including Frankston Train Station, Frankston Hospital, and the Frankston Freeway, seize the opportunity to transform this property into your dream development or investment venture. Act now and unlock the endless possibilities of 8 Margate Avenue!