Welcome to your coastal haven where the sun, sea, and serenity beckon. Situated in a highly sought-after bayside location, only a mere 700m from the sandy shoreline of South Beach. The property offers boundless possibilities for renovation, extension, or even a complete redevelopment to design your own exclusive home in this ideal position, with potential bay views from a second level (STCA). Enter a warm and welcoming living space with fireplace, an open kitchen/dining zone and two spacious bedrooms with built-in robes. A large alfresco deck offers the perfect place to relax and soak up the northern sunshine. Adding to the charm, a delightful rear bungalow awaits, with an open living area and bathroom, perfect for family members seeking independence. A spacious garden surrounds the home and offers ample space for cars, a caravan, trailer, or boat. Ideally situated only steps the beach and Village, this home is the perfect retreat for those who crave a Peninsula lifestyle. With local eateries, breathtaking beaches, and abundant outdoor recreation opportunities at your fingertips, every day brings a new adventure.