Rare blue chip opportunity in the area's finest locale. Desirable R3 zoning & existing character filled cottage offering enormous potential to renovate & add instant value. Mere footsteps from the sand & shopping centre, cafes & restaurants, create your dream home & enjoy the ultimate beach side lifestyle. Lot : • Zoned R3 Medium Density Residential • Easy build 575m2 (approx) lot • Dimensions Approx 15m x 38m • Sewer mains at very rear of lot • Not Bushfire Prone or subject to flood controls Residence: • Tidy 3 bedroom cottage • Loads of natural light • Extra bathroom to garage • Covered outdoor entertaining • Multiple separate living zones • Updated kitchen Approximate Position: • 200m to The Entrance Beach • 300m to Ocean Baths & Surf Club • 800m to Vibrant Town Centre • 1km to Picnic Park, cycle way & boat ramp • 800m to Blue Bay • 1km to Toowoon Bay Shops, cafes & restaurants