Introducing this substantial 1,014sqm land holding moments to the water's edge. Featuring a single level residence with dual living configuration and ample garaging. Currently generating a rental return of $780 per week and holding excellent scope for enhancement or redevelopment, conveniently located only minutes to local amenities, beaches and M1 access. - Five bedroom dual living residence on 1,014sqm lakeside block - R2 zoning with potential for multi dwelling development STCA - Non affected by council flood planning area development controls - Current combined rental return of $780 per week with long term tenants - Side access driveway for vehicles also functions as right of way to rear lot - Main house area features four bedrooms with multiple living areas - Self-contained flat with internal access and separate external access - Secure parking via rear double lockup garage with two adjoining carports - Front yard with established gardens and additional parking area - Ample exposure to northerly light; potential lake views from second storey STCA - Footsteps to lakeside walkway, boat ramp; minutes to beaches and M1 access KEY DETAILS: Council Rates $1,926pa Water Rates $1,147pa
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