An outstanding opportunity to secure1200 square metres of land with a wide road setback in a most
prestigious McCrae location. Just across the road to the beach and less than 300 metres to the McCrae shops, cafes and restaurants. The Avenue is regarded as the epitome of McCrae ambience and privilege dating from its history as a favorite summer destination for wealthy Melbourne families. There is strong demand for prestige developments in the area and with the imminent opening of the Frankston Bypass this is an ideal time to take advantage of the increasing interest in the area. Available with vacant possession or take advantage of the existing flats on the block generating minimum $700pw rental income during planning stages.