Snap this one up and then just sit on it for a while. Collect rental income of around $125 per week, while the land continues to increase in value! Then when the time is right, realise its full potential! This is a great little property on a corner allotment of approximately 398sqm, offering an original 1960′s, simple 2 bedroom shack, which is currently tenanted. Set in a prime location just one street back from the Esplanade, you will take pleasure in the uninterrupted views of the sparkling blue ocean. When you are ready, you can take advantage of the golden opportunity available here for eventual redevelopment, to create that dream residence and lifestyle beside the beach. If you want an idea of what is possible, check out the adjoining property on the rear boundary. Close to all facilities, a minute’s walk to the beach, this one won’t last. Be quick!