Commandingly positioned with stunning panoramic views of the Watagan Mountains as a backdrop to beautiful Lake Macquarie. Exceedingly rare block size approaching 1100m2 with a very neat and tidy four bedroom home that exudes holidays, fun and summer. A complete package with licensed jetty and slipway and enormous development opportunity awaits you. Also will provide an excellent rental income with an anticipated potential gross return of $21,000 per annum.