Situated on the waterfront reserve adjoining Fagan's Park, with direct walking access to the waterfront cycleway, first home buyers and downsizers will appreciate such a great value entry-point into a very desirable market, along with the comfort and confidence of ongoing growth. Functional floor plan offers a high set and private outlook yet with massive scope to renovate and add further value, this home will appeal to owner occupiers, renovators, and long term investors alike. The dwelling does require renovation, however the entry level guide suggests you won't overcapitalise in such a convenient and sought after location. This unique strata home offers: - A private covered porch and welcoming level entry leading you into a generously large open plan living & dining area that seamlessly connects to the kitchen and flows outside onto a covered balcony with filtered water views and endless tranquil leafy surrounds - 2 bedrooms with built-in wardrobes, both with picturesque windows that offer greenery views of the low maintenance front yard - Full bathroom with a bath and shower - Linen cupboard in the hallway for storage - Characterful features such as the original timber floorboards under the carpets, high ceilings with beautiful details and the front french door - NBN fibre to the premises for the fastest internet available - Under the home you'll find a single lock up garage and laundry Popular for its close proximity to: - The brand-new West Gosford Shopping Village with its amenities and popular eateries - Local buses, giving you easy access to Point Clare train station a mere 2 mins drive away for those commuting to Sydney - M1 Motorway that is just a 7 min drive away, so with the new Northconnex tunnel you'll be in the midst of Sydney in well under an hour - The highly regarded Point Clare Public School - Walking access to the beautiful Fagan's Bay's renowned waterfront cycleway and reserve The location of this home also offers you a relaxing coastal lifestyle where you can enjoy: - Cycling or strolling along the waterfront cycleway - Fishing, sailing, kayaking or boating on the Brisbane Waters, all the way to either Gosford or Woy Woy - Nature walking trails in the Brisbane Waters National Park Investors will be impressed with the strong rental returns on offer, with potential rental of $450-$550 per week for the home (once renovated) and an incredibly low local vacancy rate of around 1.4%. Demand for quality and affordable rental properties within a walk of all amenities is always strong in Point Clare and coupled with rising buyer demand, your investment should prove to be a sound one long term. A perfect position for first home buyers or investors, with great returns down the track, this is one of those opportunities that shouldn't be missed with such an affordable entry point into the Point Clare market!