On the market for the first time in 56 years, this 3 bedroom seaside residence ticks all the boxes for capital growth. Situated only 500 metres to the Rosebud shops and the glistening waters of Port Phillip Bay, this property occupies 580sqm of prime land, just waiting for its' new owners to capitalise on. Either enjoy or improve the current home, build your dream home or subdivide (STCA). With the charm of hardwood flooring, high ceilings and double-hung windows, this much-loved holiday classic has well-proportioned rooms and a central bathroom. The third bedroom/ study is a real bonus as is the separate bungalow and generous garden. Peninsula Link freeway is only months away from completion.... this opportunity is yours for the taking.