Property Details: • Type: House
• Bedrooms: 2 • Bathrooms: 1
Description: Positioned in one of St Leonards' most tightly held and unique streets, 9 First Avenue boasts an elevated, enviable setting. With sweeping views across the bay, direct access to the St Leonards foreshore, and just steps to the thriving shopping village, this blue-chip location is unbeatable. Set on approximately 650m² of premium land and zoned Residential Growth Zone 3 (RGZ3), this property is ripe for redevelopment, subdivision, or multi-dwelling construction (STCA). The generous block size, street appeal, and growth zoning open up a rare scope for high-yield investment or transformation into a landmark coastal development. The existing 1960s cottage, with its hardwood floors, charming façade, and full-width front deck taking in bay views, provides holding income or a renovation project while plans are drawn. - RGZ3 Zoning higher density potential (STCA) - 650m² approx. of prime coastal land - Bay views - Walk-to-everything location shops, beach, cafes - One of only 12 homes in the street tightly held pocket Whether you're seeking a high-growth investment, a subdivision opportunity (STCA), or the perfect site to create a luxury multi-residence coastal project, this is a once-in-a-generation chance to secure a significant footprint in a rapidly appreciating pocket of St Leonards. Opportunities like this don't come around often. Act fast. Thinking of Moving to the Bellarine? Check out our Suburb Profile Video: https://youtu.be/XaPzz-9WqXQ
