This is the perfect bargain for a first home buyer or someone looking for a cheap rental property. Originally selling for $200,000 the owner has drastically reduced the price for a quick sale.

Remember the first home owners grant finishes at the end of this financial year.

This two bedroom vertical board cottage which was built in 1962 is located in an elevated position that offers fantastic water views over Parsons Bay.

The land measures 632m2 and is easily maintained with only a lawn at the front of the house. There is a lock up tool shed at the side of the house.

All rooms take advantage of these views, as does the deck at the front of the building. The kitchen adjoins a huge open plan living area.

The home has been extensively renovated including a wiring upgrade, brand new stove and new carpet. A new shower unit has been installed in the bathroom. The beach, shops and school are all within walking distance, making this a very convenient location.