Offering all the hallmarks of an intelligent property decision, this neatly presented original condition home occupies a level corner block mere moments from both the lake front and stunning coastal beaches. Combine the waterside lifestyle with an abundance of conveniences, such as Brooke Ave Public school just 2 blocks away, Killarney Vale shops and Bateau Bay Square shopping just moments away, popular Mingara within a short drive, and so much more, and you'll find all the boxes ticked for continued future growth. The approx 560sqm block boasts dual street frontage, with access from the side to a large detached double garage allowing for ideal separate access and potential for a granny flat subject to council approval. Currently tenanted to a long standing tenant for $500 per week with lease in place until February 2022. Whether you are after a solid long term investment in an area of ongoing growth, a flexible block with plenty of upside for further building/renovation/improvement, or simply a quality family home in a family friendly lifestyle location with great access to Sydney and Newcastle, we're confident you'll find what you're after at 103 Thomas Mitchell Road.