38 Coatsworth Avenue, St Leonards VIC 3223

Sold

3 beds

1 baths

2 parking

Development & Investment Potential

Brimming with development and/or investment potential, this traditional beach house is set on a huge 792m2 block on the corner of Coatsworth Avenue and Rigby Street, only 450m from the St Leonards town centre, family-friendly swimming beach and iconic pier.
The residence radiates old-fashioned charm, offering 3 generous bedrooms, a spacious living area with adjoining kitchen, standard bathroom and laundry. A single carport and single detached garage are available for parking.
The home is situated at the front of the substantial block, making it ideal for subdivision (STCA) while retaining the existing residence for renovation and/or utilisation as a rental investment. Alternatively, the block itself presents exciting possibilities for the establishment of units or townhouses (STCA) with dual access from Coatsworth Avenue and Rigby Street.
Development/investment opportunities of this significance do not present themselves often, making inspection of this property a must.
Contact us now for more information!

Property Details

• Type: House
• Bedrooms: 3
• Bathrooms: 1
• Garage Spaces: 1
• Carport Spaces: 1