Enviably situated moments from the Drysdale Shopping Precinct, 2/38-40 Princess Street presents itself with all the hallmarks of what living in Central Drysdale has to offer. Set securely back from the street, as one of only five townhouses, the opportunity for the astute investor or downsizer is not to be overlooked. Upon entering, you are greeted with superbly proportioned open plan living and dining rooms that feature vaulted 4.6m high ceilings, that gives this home a well-designed, spacious feel. Featuring a stylish refurbished kitchen with a large pantry that overlooks the neat and compact courtyard area, two spacious bedrooms with built in robes and a centrally located bathroom, keen buyers will delight in this opportunity and see the home for its full potential. The property is currently tenanted with a rental return of $315pw and a Residential Tenancy Agreement is in place until 20/01/2020. The additional bonus to this home is that you are within easy walking distance to all that central Drysdale has to offer. With its vast array of quality shops and cafes, access to bus services, moments to all the world class wineries and restaurants that the Bellarine Peninsula is renowned for, 2/38-40 Princess Street is a definite property to be put on your short list.