Situated in EXCLUSIVE Talbot Avenue in Old Barwon Heads, this solid three bedroom house has potential to burn for either the savvy investor or family looking for space to grow. On a serenely quiet street, just 100 metres from the Barwon Heads river and only a short walk to the towns cultural heart, Hitchcock Avenue, this 742 square metre block is ideally situated. With three spacious bedrooms, all with BIRs, a study, separate toilet/bathroom, floorboards throughout, and open plan living space this honest dwelling is only a makeover away from being the ideal family home. The kitchen is tidy, with a dishwasher, gas stove and breakfast bar. Large windows allow natural light to flood the area, while down lights have been utilised to create ambience in the evenings. For those summer months a ceiling fan cools both the kitchen and living room, while gas heating staves off the winter chills. Sprawling gardens surround the house, the perfect childrens playground, while established trees and sturdy fencing provide privacy and security. A covered decking area on the buildings north facing corner is an ideal entertaining area. Also equipped with off street parking and a single lock-up garage, theres even room for the boat. Your life will never outgrow this wonderful property! For those market wise investors this property has already been granted a 2 block subdivision permit. The sky is the limit with this rare find; why not subdivide and develop in a property hotspot with potential views; or renovate and bring this honest dwelling into the new age? Let your imagination run wild with this rare find; a property brimming with OPPORTUNITY and POTENTIAL.