Character filled brick home situated one street back from the charming Palmwoods Village Shopping Centre in a quiet residential road opposite the famous 'Ricks Diner', this home is ideally situated and offers the potential for development under the 'Medium Density Residential Zone' code for its next owner to capitalise on. Built in 1940 on an 1,189m2 block, it features extra height ceilings, rich timber floors and original windows and doors throughout along with a stylishly renovated kitchen and dining room with plenty of storage, a large central lounge, three generous sized bedrooms, a luxuriously renovated family bathroom with separate toilet, sun room on entry and a separate storage or utility room completing the upper level. Accessed via an internal staircase, there is space for one car under the house, a workshop which would also make the perfect man cave, laundry facility and a secure 4.3m x 3.6m storage room. Add to this a wonderful backyard for the kids and pets to run around, hardstanding for two further cars and you literally have the perfect package. Close to all the cafes, restaurants and boutiques within a short walk of the Instagrammable 'The Shed', train station and Tavern, within a 19 minute walk or 2 minute drive of the Palmwoods State School, a twelve minute walk from the 'Swim Fit' Aquatic Centre, Tennis Club and Skate Park, a ten minute drive from the vibrant Nambour CBD with all its restaurants and bars, shopping centre, train station and hospital, and within a twenty minute drive of some of the Sunshine Coast's best beaches, makes this an absolute winner! Blink and it will be gone, so don't delay and book your inspection today. Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property. Renovated 1940’s house on 1,189m2 block Large chefs kitchen and luxury bathroom Rich timber flooring and extra height ceilings 1 car parking and workshop under the house 4.3m x 3.6m secure storage room Current lease to March 2022 at $470 per week Estimated rental return $490-510 per week 2 minutes drive to Palmwoods State School Twenty minutes drive to patrolled beaches