Privately positioned on an elevated parcel of land in the highly sought after enclave of Point Frederick, this solid family home displays a fabulous sense of space and proportion and provides significant scope to renovate, increase water views with the addition of a second storey or rebuild a new home.

First time offered to the market and tightly held by the same family for over 50 years, this is a wonderful opportunity to create your forever home and enjoy the potential and lifestyle opportunities that this rare find offers.

Features include:

* 670.45m2 parcel of elevated land with easy care gardens
* Desirable easterly outlook with views over Brisbane Water
* 4 generous bedrooms
* 2 bathrooms
* 2 spacious living areas
* Oversized double garage
* Large outdoor terrace/entertaining area
* Located a short drive to CBD, Gosford Waterfront, transport and East Gosford village

Council rates: $2323.41 per annum
Water rates: $815.00 per annum