Pelican Street in Peregian Beach has long been regarded as the premier location if prestige properties and fantastic ocean views are combined together. Travel to the very top, and on your descent you will see this solid brick residence on the corner of Ibis Street with its majestic background of white water ocean views stretching back down the coastline.

The home would definitely be regarded as having huge potential to be renovated and added onto to acquire water views from any architect designed extensions to the original dwelling, indeed vast hinterland views across the national park currently exist from the back deck and the rear of the home. Upstairs are three bedrooms, the main bathroom and an ensuite, plus separate lounge and dining areas with the kitchen area dividing between. Internal stairs lead down to another large living area which could be utilised in many varying functions. Separate storage, the fourth bedroom and another bathroom are down here also.

There is an in ground pool in the front yard, and the overall block of land size is 622sqm.

Originally listed at $945,000, now dropped dramatically to $825,000 to be sold by Christmas!