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Embrace the rare opportunity to craft your own slice of paradise on St Kilda's waterfront on this corner allotment measuring approximately 931 square metres. As one of the last remaining waterfront blocks of this size in such a prime location, this offering is unparalleled.Currently, the site is graced by a stately period residence, grand in stature, with convenient rear parking accessed from Marine Avenue. While the home holds a nostalgic charm, it's ready for a transformation that pays homage to its past while boldly steering it into the future.The real excitement, however, lies in the opportunity to redefine the streetscape. Imagine developing a cutting-edge architectural masterpiece (STCA), taking full advantage of the dual street frontages to infuse your vision with unparalleled innovation and creativity. While previous approved plans and permits have since expired, they may provide inspiration for your visionary project. With the marina just across, set for an upgrade, this spot is unmatched. Future dwellings will revel in sweeping water vistas and spectacular sunsets. The proximity to Acland Street, Elwood Village, and the St Kilda Botanical Gardens only enhances the appeal of this exceptional site.In a beachfront setting where new land rarely comes to market, especially none that offers such vast potential and substantial dimensions as this, don't miss this once-in-a-lifetime chance to create something truly monumental.