12 Bear Street

Mordialloc VIC 3195

Perfectly positioned in one of Mordialloc's most desirable and tightly held pockets, this substantial 811sqm (approx.) allotment with an impressive 15.2m frontage presents a truly outstanding opportunity for families, investors and developers alike. Offering exceptional flexibility in a premium beachside location, this is a property where you can renovate and create your dream family home, extend to suit your lifestyle, build a luxurious new residence or capitalise on the site's exciting multi-townhouse redevelopment potential (STCA). Opportunities of this calibre, size and central location are becoming increasingly difficult to secure.

The existing residence offers generous proportions and a practical floorplan, providing an excellent foundation for those looking to renovate and add significant value. Characterised by its high ceilings, generous room sizes and an abundance of natural light throughout, the home comprises a welcoming living room, separate dining area adjoining the functional kitchen, three well-proportioned bedrooms, a central bathroom and a sizeable rear rumpus room that offers flexibility as a second living area, children's retreat or home office. With solid bones and plenty of scope to modernise, reconfigure or extend (STCA), it presents an exciting opportunity to create a home tailored to your family's lifestyle. For those with a development vision, the substantial landholding presents an exceptional opportunity for a multi-residence redevelopment (STCA), capitalising on the generous dimensions, premium Mordialloc location and continued buyer demand for quality new homes in this tightly held pocket. Stepping outside, the true scale of the property becomes immediately apparent. The expansive backyard offers an abundance of open space rarely found in today's market, highlighting the exceptional flexibility of this substantial allotment. Whether your plans involve creating an exceptional family environment or unlocking the site's future redevelopment potential (STCA), the generous proportions provide a wealth of possibilities.

Adding even further appeal is the outstanding lifestyle location. Superbly positioned within walking distance to Main Street shops, eateries, restaurants, Mordialloc Train Station, Mordialloc Beach, Ben Kavanagh Reserve, St Brigid's Primary School, Mordialloc Beach Primary School and in close proximity to all amenities including Mordialloc College, Parkdale Secondary College, Mentone Grammar, Westfield Southland Shopping Centre and much more. This is a rare opportunity to secure a substantial parcel of land in one of Mordialloc's most tightly held and highly sought-after locations.