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This versatile property presents a rare opportunity for savvy investors, first-home buyers, renovators, or developers alike. Currently rented on a month to month basis to a long-term tenant for immediate return on investment. Set over 2 levels with dual living and a large main bedroom with great bay views and a balcony. In addition, the 1,068sqm (approx.) site offers a fantastic opportunity for development (STCA). With plenty of off-street parking and a double garage, it's in walking distance to the beach and shopping centre, and is close to schools and freeway access. - Covered porch entry into living/dining room with gas wall furnace, RC/AC - Central original kitchen with new freestanding gas oven/cooktop - Hall to 2nd lounge/family room or possible study - Stairs up to generous main bedroom opens to balcony with bay views - 2 ground floor bedrooms with BIRs serviced by shower room, separate WC - Laundry space opens to courtyard with covered patio, lawn, veggie beds - Ideal as an ongoing investment with long-term tenant - Offers plenty of future potential to make the most of the bay views - Great location near beach, schools, Arthur's Seat, easy freeway access