Positioned in a prominent and extremely rare prestigious watersideaddress in bayside Scarborough. House: Stunning blue-chip family home that has been thoughtfully and fastidiouslyrestored and up kept to incorporate traditional elegance and timeless design.Spread over an expansive single level, this beautifully presented elegant familyhome captures North/east views to Moreton Bay. - 3 Built-in bedrooms + executive office/sunroom, restored bathroom - Several spacious living areas - Formal and informal dining rooms - Restored elegant Kitchen with stone bench tops and European Appliances - Polished hardwood timber flooring, ornate plaster ceilings - Air-conditioning, Security gates - Large laundry with extra storage - Utility room - Expansive side entertainers patio/deck - Child friendly yard with beautifullymanicured gardens + water system - Single lock-up garage + storage area + shed -Abundence of paved/tiled outside living/entertaning areas - Superb fully fenced block with electric gates - Perfectly positioned with good Feng Shui elements - Surrounded by valuable properties - Walk to schools, shops, cafes and transport Land: 1274 sqm on 2 titles- with 21m frontage and 60 m depth. N/E water views from ground level. Developmentpotential: -16 high quality apartments -4 levels -Panoramic water views *subjectto council approval