Never offered before, this exclusive waterfront setting rarely offers such a premium buying opportunity combining a generous landholding, powerful potential and stunning panoramas over the water. The focus is firmly on the future here as the solid bones of this original 1950s property provide the ideal foundation for a creative renovation, development or a substantial new residence (STCA). It will bring excellent rewards for those wishing to capitalise on such a prized cul-de-sac position that has shops, schools, parklands and the ferry wharf all within walking distance. Offering: + On the market now for the first time in more than 60 years + A large 898sqm level block with breathtaking views over the water + Prime northerly aspect with generous and light-filled interior spaces + Sunlit level yard and plenty of room to add a swimming pool (STCA) + A versatile five-bedroom layout includes a self-contained lower-level + Large floor-to-ceiling windows maximise natural light and outlooks + Underhouse garaging plus plenty of additional parking space + Tucked away in a battle-axe block surrounded by quality homes + Huge potential to build a prestige waterfront residence (STCA) + Scope to explore duplex development and increase value (STCA)