Occupying a near perfect location for this type of property and with the benefit of a realistic price tag, the opportunity exists for the astute investor/renovator to either develop or demolish. Currently split into three self contained flats the building is in average condition throughout and offers obvious potential for upgrading and improvement. With two flats at ground level and one under, the conversion to a family home with income is also an option. HOWEVER, LOOK AT THE LAND!!! Seven Hundred and Thirteen Square Metres of prime easily accessible land. Directly on Transport! Easy walking distance to the Lower Sandy Bay shopping precinct and the newly developed Esplanade! Close proximity to the waterfront! River Views!……Sun! Just Think of the Possibilities!