This art deco home sits beside the River Derwent enjoying one of the best locations available on the Rose Bay Esplanade. Views extend up and down the river with the Lindisfarne Marina a constant source of motor and sail vessels enjoying their nautical pursuits. The proximity of the property to the CBD and all infrastructures is a convenience you will certainly enjoy as it makes so easy and quick for those little tasks. Potential exists for investigation of further Strata Title Development which would be subject to council approvals, as the home is situated to the front of the allotment leaving a large rear yard for exploring the possibilities. The home consists of lounge,kitchen/dining, three bedrooms and one bathroom. A real opportunity to renovate and make this a property that will be admired by many. Your inspection is invited to investigate the enormous potential of this sensational site and situation.