Real Estate

Old fish and chip shop site set to reel in developers

Written by The ReReport
As seen in the Source link, written by on 2018-12-20 21:13:45

This beachfront beauty might face the wrecking ball to make way for apartments, townhouses or even a commercial property.

A Mordialloc fish and chip site shop turned beachfront home is set to reel developers in after hitting the market for the first time in 60 years.

The three-bedroom house at 215-216 Beach Rd offers a mixed grill of opportunities through its zoning, meaning townhouses, apartments or a commercial building could replace the property if a developer fishing for a seaside spot was the successful buyer.

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Developers are set to circle the property at 215-216 Beach Rd, Mordialloc.

The three-bedroom house has a $2.45-$2.65 million price guide.

Buxton Mentone director Wesley Belt said potential development could reach three storeys.

“The property will attract family buyers looking for a lifestyle change and looking for the Mordialloc lifestyle,” Mr Belt said.

“And also developers because of its mixed-use zoning and three-level development opportunity.”

The home sits on a 450sq m block and has a $2.45-$2.65 million price tag.

The mixed-use zoning allows for development up to three storeys.

The house was built in the ‘70s and had been updated “slowly over the last few decades”, according to Mr Belt.

“The owners have spent a fortune on the gardens, it’s a magnificent oasis when you step outside.”

The landscaped area features magical lighting, three water features and ponds, and an eight-person spa.

Inside, large expanses of glass make the most of the views which stretch across the parklands, Mordialloc Creek, the bay and all the way down to Mt Martha.

The property last changed hands in 1958.

It was once the site of the local fish and chip shop.

There are also plenty of unexpected inclusions, such as a fish tank in the main bedroom’s ensuite, a dark room workshop and a detached studio.

The property has a February 9 auction date, but Mr Belt said the right offer could see the deal wrapped up before Christmas.

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