Rarely does a home with this much character and potential become available in this location. The options abound: continue the minor renovations that have been started in this re-wired cottage, or demolish the existing property and build your dream home (subject to council approval). The possibilities continue outside on the near-level block which offers a workshop/storage outbuilding at the rear. Located in an excellent position, this property lets you enjoy the low-level traffic that comes from being in a short cross-street with limited neighbouring residences yet still provides easy access to local shopping, schools, transport, amenities and the nearby northern distributor to Wollongong city. This residence is sure to attract a wide array of buyers with its broad potential and unique location at an affordable price entry point for the northern suburbs. The choice is yours-a permanent or holiday home, a rewarding investment, or a property for your future retirement! Features: • Great potential to further develop (subject to council approval) • Total land area: 423 m2; land dimensions: 10.06 m x 42.06 m (subject to survey) • Bellambi pools only a 1.5 km stroll • Russell Vale golf course 1.6 km • Property location adds value and opportunity for any investor. Council Rates - $465.92 per qtr Water Rates - $172.04 per qtr