This landmark property is set in an incredibly rare and sought after location. Literally positioned in the heart of thriving Padstow shops and train station. This family home is currently tenanted to fantastic tenants paying $510 per week and boasts unlimited development potential as well as an existing approved D.A do demolish the existing structure and build. The Development approval is for removal of the existing home and construction of a duplex consisting of the following: 1x 6 bedroom home with an inground swimming pool 1x 5 bedroom home with a 2 bedroom granny flat at the rear (granny flat can gain bonus access from the side laneway) Attibutes Include : * Land: 13.41/33.83 x 42.17/47.01, Approx 966sqm * Prime Piece of Real Estate, Sought After Area * Unlimited Development Opportunities (STCA) or existing approved plans! * Clad Residence, Corner Location * Spacious Lounge & Dining Areas * Well Maintained Kitchen With Eat in Area * Great Size Rumpus Area With new Air Conditioning * Garage Converted to Self Contained Granny Flat * Driveway to off street Parking & Carport * Perfect Level Block With no Easements * So Many Options, Endless Possibilities To inspect or for more information on this sensational opportunity, please contact Jonathan Watson on 0487 323 903