Presenting a compound of compelling opportunity, this substantial residence displays a unique chance to secure space within one of Frankston South's most convenient pockets. Taking full advantage of its location, a back-drop of Port Phillip Bay highlights an elevation found only moments from public transport, a sweep of local schools and Frankston's thriving CBD. Upstairs, renovated proportions provide space to enjoy whilst plans and permits evolve, with a free-flowing lounge, dining domain, and stone-topped kitchen with quality appliances and island bench unfolding before four robed bedrooms and central family bathroom with walk-in shower. Downstairs delivers an original shell, where major renovation will inspire intergenerational accommodation or an expansion of the first-floor floorplan. Ready for love with fresh eyes and a desire to recreate, a lifestyle of convenience and creative design awaits with rebuild, subdivision or development. With a local precedent of multi-dwelling development, future scope extends as far as your imagination takes you.