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Positioned directly across from one of Melbourne's finest beaches, this cool mid-century modern beach house offers a recent refurbishment, inviting spaces and a superb block of land, presenting exciting future opportunities-all just moments from the bay.The current home is a character-filled retreat, rich with charm. Warm timber floors flow throughout, with a generous lounge featuring an open fireplace, a spacious dining room, and a light-filled kitchen with ample bench space and courtyard views. The layout includes 3 large bedrooms, a sunny home office, beautiful main bathroom, a separate WC, and a laundry. Additional features include 2 split system heating/cooling units, a basement workshop, and established gardens.Set on approximately 535sqm with a desirable north-westerly aspect that bathes the rear garden in sunlight, this property includes plans for two luxurious side-by-side townhouses ready to be brought to life. Each proposed home is approximately 33 squares, featuring 4 bedrooms, three bathrooms, multiple living areas, outdoor entertaining spaces, garages, and glimpses of the bay.This property is an ideal base while you await to commence development or it could be equally enough with potential to renovate, extend and enjoy this stunning location. Located in a highly sought-after area, it's just a few minutes' walk to the station, primary school, cafés, parklands, and bus stops, with stunning beaches just a heartbeat away for endless summer enjoyment.