226 Nepean Highway

Positioned on a generous 800sqm+ allotment stretching from highway frontage through to a tranquil creek, this substantial 8-bedroom residence presents a rare and versatile opportunity. Located directly opposite the beach and backing on to the tranquil Kananook Creek. Rich in period character and charm, the home showcases impressive proportions throughout, with generously sized bedrooms offering comfort, flexibility, and long-term appeal. Whether you're seeking a grand family residence or a strategic investment, this property presents a compelling opportunity. Well suited to both owner-occupiers and investors, the home has previously operated as a boarding house and may continue to do so, subject to approval from Frankston City Council. Any purchaser intending to pursue this use will be required to obtain a rooming house operator's licence through Consumer Affairs Victoria. With strong potential as an income-producing asset, the layout naturally lends itself to shared accommodation, while still retaining the warmth and character of a classic home. Key highlights include: 8 large bedrooms with excellent natural light Beautiful period features throughout Expansive landholding of over 800sqm Unique block with highway access and creek boundary Rooming house operator's licence in place Outstanding flexibility: live in, invest, or operate as a business New roof, new plumbing, new electrical No matter which way you look at it, this is either a fabulous family home with space to grow or an outstanding business opportunity in a tightly held location. An offering of this scale, character, and versatility is rarely available - Inspection is a must.