Situated in highly sought after Shelley Drive, this elevated home on a large 1,453m2 block is only a short walk to beautiful Tallow Beach or in to Byron CBD and enjoys ocean views from the sunny entertaining deck.

Offering a versatile layout, the upper level of the home features 3 bedrooms, 2 bathrooms, a spacious open plan living/dining area and a mezzanine style loft area with views out to the ocean and sweeping across to Broken Head. Downstairs is an ensuited bedroom plus lounge area, which may lend itself to extra income.

Set high on the block, the property is perfectly placed to capture the sea-breeze, with mature trees to enhance your privacy while being in town.

Also included is a one bedroom plus media room granny flat situated at the entrance of the property, giving both dwellings maximum privacy. The granny flat features an open plan living area, separate study/office space, single bathroom and a generous deck.

Approved Plans for a new 3 storey dwelling are available on request. Great opportunity for a home and investment with great passive income.

Features include:

* Ocean views
* 3 potential incomes
* Large block with privacy
* Great part of town
* Live in or rent out