A perfect opportunity for the investor or first home buyer, this undercapitalised property possesses an older style cottage sited on a sensational town block. With a sun soaked aspect to the north and a beautiful view, the 695m2 serviced allotment has dual street frontage, elevated to catch the breeze, potential for subdivision/development (subject to council consents) and is one of the select blocks in the street. The existing original 2 bedroom cottage is currently let with hardwood floors, ornate cornice work, north facing sun deck and a lock up garage, and would be a fantastic property for you to add your personal touch or renovate. Not much on the market under $300k, excellent real estate holding for the future.