Bank yourself a piece of pure Pennydale potential with this versatile weatherboard home on a lovely leafy 586sqm (approx) block of land. Situated in a sought-after pocket beachside of the highway, the home presents comfortable accommodation, income potential and true opportunity to add value. With lush leafy outlooks at every turn, the layout comprises a light-filled living and dining zone with doors at either end connecting inside with the garden. The functional kitchen offers a sweet breakfast bar, while two bedrooms, a bright bathroom and separate WC off the laundry are offered in this lower level along with ducted heating, an air-conditioner and workshop/shed. An external staircase gives access to the self-contained upper level featuring an open plan living area and space to create a really practical kitchen. Up-to two bedrooms sharing a central bathroom plus split system heating and cooling are also included along with an elevated deck with tree-top views. Enjoy as is or polish up to suit, this is a home with potential for multi-generational families or even to live downstairs and rent out upstairs. Instead, there is the option to start afresh with a brand-new home or multi-dwelling subdivision (STCA). An easy 10-minute walk to Southland and the station, even closer to the local café, this sought-after position is near parklands and recreation and zoned for Cheltenham Secondary College. PLEASE NOTE: *Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent. * Photo ID required at all open for inspections