Introducing this two bedroom cottage on substantial 696sqm block, offering an ideal configuration for dual occupancy, excellent potential to build your dream home or huge potential for multi dwelling development (STCA). Positioned moments to the lakeside foreshore, shopping village, schools, stunning beaches and M1 access, this is a once in a lifetime property with multiple options for savvy buyers. - Cottage requires a renovation; redevelopment or dual occupancy potential (STCA) - Rental return estimates at $400 per week and $850 per week with granny flat (STCA) - 696sqm user-friendly parcel; R2 zoning set 220m from waterfront reserve - Functional floorplan with generous bedrooms and cypress timber floors - Updated kitchen with dual sink and vinyl floors overlooks rear yard; electric oven - Updated combination bathroom laundry with washing machine provisions - Single lock-up garage with roller door; updated roof and gutters on residence - Secure and spacious pet friendly backyard with Colorbond fencing - Convenient to all local amenities, walking distance to shops and school - Minutes to incredible beaches, waterways, train station and M1 access roads KEY DETAILS: Council Rates $1,3010pa Water Rates $994pa