Positioned to take full advantage of its proximity to the Rosebud plaza, cafes, restaurants and beach foreshore, this unique development opportunity is guaranteed to generate an excellent return. The property offers several options, move in or lease as is, add improvements or renovate the original retro styled home, or redevelop the site (S.T.C.A), for 2 or 3 town houses or an additional dwelling. The original home offers, three generous bedrooms, large master with ensuite, central bathroom and separate laundry, galley kitchen and large light filled open plan living, and dining areas. Outside there is a large three car garage and plenty of usable land with room for the boat and caravan or future development. Commence now, or at a later date, the value can only appreciate with time providing a guilt edge to your investment. The land size is approx. 740m2 offering an excellent frontage of approx. 22m providing more scope for excellent site plan design (S.T.C.A). Call now for further information and capitalise on the full potential of this excellent opportunity.