1/654 Frankston-Flinders Road

Baxter VIC 3911

2) Looking for Land only? Secure the spacious block complete with endorsed plans and ready for a brand new 3-bedroom two-story home featuring impressive maximisation of space.

3) Why not have both? Have your cake and eat it too - Secure the entire site, move in while your build is complete or lease out the existing home and enjoy a healthy income stream. The savvy investor will look at doubling the opportunity and maximising income from such a unique opportunity, your portfolio will thank you for it.

Unlock an investment goldmine with this unique offering in Baxter's coveted enclave. Set on a generous 668 sqm allotment, the property presents a near-finalised subdivision and comes with endorsed plans and permits for an additional 3-bedroom dwelling to the rear of the block.

The existing residence, a blend of modern elegance and functionality, is primed for immediate rental. This arrangement ensures a prospective buyer can harness rental income or move straight in while overseeing the new build's completion.

Blur the boundaries between indoor and outdoor living in the thoughtfully redesigned existing 3-bedroom residence, seamlessly merging its contemporary interior with a captivating north-facing alfresco haven. Nestled in a highly accessible Baxter locale, it provides easy access to the freeway, town amenities and stunning Peninsula beaches while effortlessly embodying a reimagined essence of stylish indoor/outdoor living.

Full-height remote gates hide a sprawling lawn and coastal-batten fencing before its renewed rendered facade, wrapped in a north-facing entertaining deck perfect for sunbathed entertaining and relaxation. Inside, an inviting open-plan living space with ebony timber floors and raked square-set ceilings is edged by aluminium bi-fold doors and a stunning kitchen with stone waterfall counters cascading over a buffet island. High-quality Bosch cooking appliances, a Westinghouse dishwasher, matte-black highlights and ample storage add a touch of sophistication, creating a stylish environment for passionate home chefs.

Three generous bedrooms are equipped with built-in robes and ceiling fans along the private hallway, served by an indulgent central bathroom featuring a walk-in rainfall shower, a sleek vessel vanity, and a heated towel rail. Additional features include a 6.6KW Solar Power System, fitted laundry, split-system air conditioning, ducted heating, LED downlights, and two secure car spaces. Located just moments away from Peninsula Link, buses, Baxter Park and Baxter Village shopping, it's only a short drive to the vibrant hubs of Frankston, Mount Eliza, and Mornington, where you can explore an array of shops, restaurants, and beautiful beaches.

This proposition embodies the perfect blend of immediate returns and long-term growth for the astute investor or visionary developer.