Don't miss out on this incredible chance to turn your real estate dreams into reality. Situated just a stone's throw away from the sparkling lake, this location presents a rare chance to create something truly exceptional, offering a development opportunity with unmatched potential for investors and developers alike. Though the current house requires renovation, with a little vision and investment it could be renovated to make it liveable. DA approved for a five-townhouse development, this sought-after location is within easy access to schools, shopping, cafes and great recreation promising a relaxed lifestyle combined with superb convenience. Seize the opportunity to capitalise on this prime piece of real estate and make your mark in the thriving community of Speers Point. * Block size 809 square metres with a 20m frontage * Fantastic development opportunity in Speers Point * DA approved for a five-townhouse development * Current dwelling requires renovation in present condition * Two bedroom, one bathroom weatherboard home * 350m to Lake Macquarie; 600m to Speers Point Park * Close to schools, shopping, cafes and sporting facilities Council rates: $529 p/qtr Water rates: $256 p/qtr