Here is a unique opportunity to build your very own dream home in the tightly held suburb of Blue Bay. Just a six minute walk to the stunning Blue Bay Beach this level 696sqm block (approx 45.8mx15.3m) is north facing and would suit those wanting to build their dream home. With an R1 General Residential Zoning, previously 2B Multiple Dwelling Residential, it would also suit the savvy investor looking to capitalise on this fantastic opportunity (stca). The current home is neat and tidy and has an estimated rental return of $330- $350/wk. Secure this prime position now, build or rent it out and develop when your budget allows. Enjoy the sea change lifestyle only moments away from cafe and restaurant culture. Owner welcomes offers prior to auction. This is an opportunity that is often sought but rarely found.