Ocean views never go out of fashion; nor does position or potential.
Link ocean views with position and potential and you have something special; very special. Such is the case with this circa 1970′s house.
Just 300m from beach, it is sited on the eastern boundary of a sloping 728m allotment.
Developed to full potential the site will deliver expansive ocean views.
The residence, a well maintained 2 level home has a simple, functional design. The upper level has 3 bedrooms, open plan family, dining and living room opening to an ocean view deck to the east and garden patio at the rear.
At entry level are a 1 bedroom, self-contained flat and garaging for 2 cars and a boat or 3 cars.
The property manager estimates the home will rent for $460 to $480 per week in the present market.
Having lived in the property for 30 something years the owner has seen steady capital growth with neighbouring homes in the street selling well into the millions and vacant land also selling over the $million dollar range.
With its seaside location and boardwalk access to the beach, local transport almost opposite the front door, fantastic amenities all within walking distance and Hastings Street just a 4-5 minute drive; it’s a potential-packed beach house worthy of your inspection.