Nestled on a 462 sqm block in a quiet cul-de-sac, lies this multilevel home crafted to integrate dual living with outstanding potential for renovation or redevelopment. Perfectly located in a blue-ribbon street, wrapped by the stunning Terrigal Lagoon, and within only minutes to the heart of Terrigal. This opportunity holds immeasurable worth. - Offering an exciting scope for dual income, renovation or complete redevelopment (STCA) - Solid double brick home on a commanding 462 sqm block with a wide frontage and elevated outlook across peaceful bushlands leading to Terrigal Lagoon - Lower lever set up as a self contained studio with kitchen, living area, bathroom and laundry - Main residence includes three generous sized bedrooms all with built-in-robes, master with access to main balcony, two bathrooms, spacious living and dining flowing to kitchen, plus a study - Leading out to a private backyard with near level grassed area and entertaining deck - Additional features include air-conditioning, internal laundry, carport - Centrally located to everything you may need, take a walk or short drive to Terrigal Beach, shops, cafes, restaurants, schools, Breakers Country Club, parks and sporting ovals - Short 10 drive to Erina Fair Shopping Centre, easy access to public transport, 15-20 minutes to Gosford Train Station and M1 freeway to Sydney and Newcastle