Set upon a beachside block amid coastal gardens backing onto a reserve trail with a ‘secret’ shortcut to Fishermans Beach just 200 metres away, this exceedingly rare property comes with two homes and a multitude of possibilities to reside, subdivide (STCA) or renovate the 1920s cottage into a seaside bed and breakfast. Custom built by award-winning Fasham Johnson in 2010, the three-bedroom, two-bathroom residence with home office in the rear is defined by soaring architectural lines, high clerestory windows and surprisingly generous dimensions. An expansive open-plan living and dining zone is moored by a contemporary kitchen with colossal stone island and premium Smeg appliances, while a wall of windows and glass doors opens to a sun terrace and private floral garden. The original three-bedroom, one-bathroom period cottage at the front of the quarter-acre (approx) allotment is teeming with old-world charm and exciting opportunity to transform the current vintage interior into a true seaside oasis, which would thrive on the holiday-rental market in this prized beachside location and generate a lucrative side income. Just 3-minutes’ stroll to Lilo Cafe and the clifftop jogging trails spilling down to golden beaches and crystal coves peppering the foreshore, this blue-chip beachside locale is a short zip or 15-minute walk to the cornucopia of restaurants, bistros and boutiques of buzzing Main Street with golf courses, yachting facilities, wineries and day spas surrounding.