Positioned to take full advantage of its proximity to the McCrae plaza, cafes, restaurants and beach foreshore, this unique development opportunity is guaranteed to generate an excellent return. The property offers several options, renovate the original home, retain as an investment – currently returning $1,062 per calendar month, or redevelop the site (S.T.C.A). The original home offers light filled open plan living, kitchen and dining areas, two generous bedrooms, central bathroom and separate laundry. Outside offers a good size rear garden, carport and lock up garage. 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. 748m2 offering an excellent frontage of approx. 22m providing more scope for site plan design (S.T.C.A). Call now for further information on this bigger and better opportunity.