Discover a unique chance to own a substantial parcel of land in the heart of Frankston! Located at 8 Bundara Court, this expansive 936sqm allotment offers a rare opportunity for developers, investors, or those seeking to build a large family home with added income potential. The property boasts exceptional development potential, with the option to create a site for 2-3 units or townhouses (subject to council approval). Separate driveways provide convenient access options, enhancing the feasibility of multi-dwelling construction. The existing home is a 4-bedroom historical residence, offering potential for a knockdown rebuild or multi-development. Additionally, a self-contained one-bedroom unit on site provides versatility. Enjoy the convenience and flexibility of 2 separate titles for the main home and the self-contained unit, allowing for a multitude of possibilities to maximise the property's potential. Situated within the highly sought-after Frankston High School zone, this property is perfect for families looking for quality education options. The prime location offers the best of coastal living, being just a short walk away from stunning beaches, Kananook Creek, and various local amenities such as Bayside Shopping Centre, cafes, restaurants, and bars. The property provides easy access to Frankston train station, Peninsula Aquatic Recreation Centre, Frankston Hospital, Monash University Peninsula campus, and Chisholm TAFE. Adjacent to the Frankston-Baxter Trail, you can enjoy extensive walking and cycling paths that connect you to the heart of Frankston CBD, the Peninsula Link Trail, and just 900m away from the beach. Unlock the potential of 8 Bundara Court and create your vision in this vibrant coastal community. Contact us today to arrange a private viewing and explore this remarkable opportunity!