Cute as a button behind a picket fence with a double fronted weatherboard facade and classic front verandah to welcome you in, this character-filled home is currently configured as a very comfortable 1-bedroom plus study residence. The generous 892sqm block, point blank lake views and R3 Medium Density residential zoning give it an exciting sense of potential. Whether you choose to live in or rent out as is with a happy tenant keen to stay, reconfigure and extend the floorplan to add extra bedroom accommodation or develop into multiple dwellings (STCA), the possibilities are exciting for buyers looking to capitalise on a potential-packed home in a handy location. On the doorstep of beautiful Lake Macquarie, giving you instant access to adventure and leisure, Teralba is a pretty little town with a public school and train station and is currently undergoing rejuvenation with the master planned Billys Lookout estate and several new townhouse developments in the works. Single level home on 892sqm northwest to rear block with R3 zoning Approximate 28m frontage tapering back to 13.5m at the rear Bathroom with shower over bath, double vanity and laundry area, second w/c Dado boards, picture rails and cross bar ceilings add character Air-conditioning to lounge room Bedroom plus study and utility room Electric-equipped kitchen with dishwasher Double garage plus abundant extra parking options Short drive to everyday conveniences in Toronto, Warners Bay and Glendale