A blank canvas opportunity exists to recreate, knock down and rebuild this North to East facing property, first time offered in more than 50 years, located in an enviable and tightly held bayside pocket, nestled at sought after Lilli Pilli Point offering pristine expansive 180 degrees never to be built out water views overlooking the Port Hacking. A perfect and rare opportunity to capitalise on its prestigious address featuring rare dual street access from Bareena Street. The potential on offer is unlimited. This much-loved residence is nestled in one of Lilli Pilli's finest and tranquil streets and is situated in close proximity to Lilli Pilli Baths, shopping and cafe precinct, LIlli Pilli Public School and Lilli Pilli Oval & Park. A secluded setting and idyllically North to East facing boasting unlimited potential on a grand scale. Myriad features include: • Tri-level retro residence ready for refurbishment or rebuild • Grand proportions incorporate formal and informal living • Generous size bedrooms each offering pleasant outlook • Lower ground floor area features rumpus room or fourth bedroom and garage with additional storage • North to East facing backyard with rear access to Bareena Street • Scope for enhancement on a grand scale • Tranquil and lush surrounds • Zoning: E3 Environmental Management Enhanced by its prized North East aspect and sought after prestige blue ribbon address with rare expansive panoramic water views, this unique blank canvas opportunity exists moments from the pristine Port Hacking waterways and will impress the creative and astute buyer searching for an opportunity to capitalise on a rare find. Land size approximately 758.8sqm A rare once in a life time opportunity not to be missed.