79 Madeley Street Ocean Grove 3226 VIC
Rare, Rear Lane Access on Magnificent Madeley!
Time is of the essence and will ring true when it comes to the sale of this marvellous Madeley Street property with priceless rear lane access. 790m2 (approx) of flat landscape sits comfortably within a town central location, highly sought and rarely presented to the market.
Boasting an approximate 20 metre front and rear boundary by 40 metres (approx) in length; plus rear access via Southport Lane, investors and developers should take note of this extremely unique opportunity.
The existing cottage exudes character and charm, with two comfortable bedrooms a central bathroom, separate toilet and laundry space. The kitchen, meals and living areas are flooded with beautiful north sun and original retro features, taking you back in time. A moderate renovation will appeal to many or perhaps you will choose to live in the original cottage, subdivide and build an executive townhouse to the rear (STCA). The options are plentiful and will yield fantastic results.
A single lock up garage boasts an attached studio, ideal for the budding artist, a teen retreat or further storage space, dependent upon your needs.
Take advantage of the Ocean Grove Tennis Club 50 metres away. The infamous Madeley Street Milk Bar, further community assets, preferred schooling options, sporting facilities and beaches - are all within easy reach. You will love setting yourself up for life here.
This properties potential will attract attention! Prioritise inspection today.
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Real Estate For Sale in Ocean Grove, VIC 3226 priced between $480,000 and $900,000