WOW! WHAT A LOCATION. This classic McCrae beach house is in a central position just 250m walk to the beautiful McCrae beach. Situated on approx. 660m2 of land plus the use of an additional 180m2 of easement at the rear of the block. This provides excellent scope for future development whether a luxury home or 2 dwellings (STCA). Offering a classic beach feel with an open plan living/meals area central to 3 good sized bedrooms plus a study room. The outbuilding serves as a games room or second separate living/ bunk room for the holiday overflow. A simple to maintain garden is fabulous for lazy BBQ’s leaving plenty of room off street for a boat or caravan. The front deck has a pleasing aspect to Arthurs Seat all within easy walking distance to the McCrae village including plaza, cafes and restaurants with direct access to Peninsula Link and the white sandy shores of McCrae beach. Currently the home has an above average rental return of 4%. Enjoy it as a beach home or holiday rental and when you’re ready sub-divide the block and build 2 dwellings.