Nestled within the prestigious enclave of Kolinda Drive in the highly sought-after Old Bar region, this well-established property is not just a home; it's an unparalleled investment and income-generating opportunity, boasting a generous 4.2 acres of level land. This semi-rural haven unfolds to reveal a spacious dwelling perfectly suited for diverse living arrangements, ideal for accommodating separate or multi-generational families. Surrounded by lush, mature trees and gardens, the property sets the stage for a potential hobby farm or a bush retreat. The main residence, constructed with brick and Colorbond, spans two levels and can effortlessly be transformed to facilitate independent living for two families or capitalize on the booming Airbnb market. The home encompasses two living rooms, two dining areas, three bathrooms, a well-appointed kitchen, and a separate self-contained bar. Along with 4 bedrooms, providing a comfortable and private retreat. Entertaining is a joy with two outdoor spaces, one of which overlooks the inviting in-ground pool. These areas are perfect for hosting gatherings or enjoying peaceful moments surrounded by the refreshing country air. Adding to the property's allure is an original studo/games room at the rear, offering yet another possible income stream. Benefiting from convenient proximity to the beautiful beaches of Old Bar, this unique parcel of land beckons you to embrace the ultimate acreage lifestyle or seize an exceptional investment opportunity. Don't miss your chance to own a slice of paradise and unlock the full potential of this extraordinary property. Quick Guide: - Prestigious Kolinda Drive location in sought-after Old Bar region. - 4.2 acres of level land, offering unparalleled investment and income-generating potential. - Versatile semi-rural property ideal for diverse living arrangements and multi-generational families. - Surrounded by lush, mature trees and gardens, creating a potential hobby farm or bush retreat. - Main residence, brick, and Colorbond construction, spans two levels for flexible living options. - Airbnb potential with lower level featuring two living rooms, two dining areas, a well-appointed kitchen, and a self-contained bar. - 4 private bedrooms on the upper level for a comfortable retreat. - Two outdoor spaces for entertaining, one overlooking an inviting in-ground pool. - Original cottage at the rear provides an additional income stream opportunity. - Conveniently close to Old Bar beaches, presenting the ultimate acreage lifestyle or an exceptional investment opportunity. # Currently Tenanted until 1/5/24 for $600p/w