“Mortgagee exercising power of sale” for this unique property that has fantastic sea views and great redevelopment potential (STCA). The property is situated on a peninsula of land across the road to the blue waters of the Pacific Ocean. The site has a DA for 13 units over 7 levels which is current until 22nd May 2015 and presents a great opportunity for the entrepreneur with vision. The property is improved with a modest dwelling ideal for holidays or rental, it has 4 bedrooms, basic kitchen, lounge, 2 bathrooms and front deck with awesome sea views. Position! Position! Position! is the key here. Situated on approximately 1,219m2 of land, the possibilities are endless so don’t miss this one.