28 Parkers Road, Parkdale VIC 3195

Large beachside allotment | rare 928m² in tightly held pocket | elevated position | scope for future possibilities | walking to village and beach. This property presents a rare opportunity to secure a substantial landholding in a sought-after beachside location. Its 928m² allotment with 18.9m frontage is exceptionally uncommon for the area and provides significant flexibility, whether for a large family residence, future redevelopment, or simply holding a sizable garden. The location is its strongest competitive advantage, offering immediate lifestyle convenience with walkable access to amenities, transport, and schools, catering best to a buyer seeking a long-term hold with landbank potential. The primary risk is the outdated dwelling, which limits immediate rental yield and necessitates capital investment for modernization or future development. The wide estimated value range reflects this condition risk. The commercial logic is in the underlying land value and its future utility. Acquire this for the land, consider it a strategic hold, and plan for capital improvement to realize its full potential.