The perfect starting point for your first home or first investment property with the added bonus of bay views and views to Arthurs Seat. Situated in a lovely elevated section of Rye with pretty treed outlook the home is ready to fulfill either role. Currently tenanted it can simply continue on as an investment for the new owners or be ready to move into when the lease expires. The home is a 3 bedroom timber dwelling with a rear veranda for entertaining. The floor plan is simple and functional, with 3 good sized bedrooms, open lounge with exposed beams and a gas heater, good clean kitchen with adjacent meals area as well as bathroom, toilet and laundry facilities. The property presents well. Being quite close to the township, beach, transport as well as the iconic peninsula Pantry is a real bonus. Interest rates are low, interest in Peninsula property is high, inspect without delay or be forever haunted by the one you let get away.