Attention all Investors and Developers! Set on a large allotment of 720sqm (approx.) and suitable for sub-division (S.T.C.A.), this attractive cottage style home offers many possibilities in the ever popular Lakewood estate. Comprising: master bedroom with built in robes, large open plan lounge/dining, bright kitchen and meals area, 2 further bedrooms and family bathroom. The huge yard is ideal for families and could also be made accessible for trailers, boats etc. Features: open fireplace, split system, new interior blinds, return verandas, private garden and new retaining walls to outside boundary. Close to shops, schools, buses and community centres, Peninsula Link and sporting ovals this property provides a great investment opportunity (currently tenanted), future development potential or scope to dramatically increase the size of the home in the future.