This quintessential much loved cedar cottage is located on the narrowest stretch of the Southern Peninsula. Right in the middle of the bay and the ocean, the property itself represents the ideal block in the ideal location. The possibilities are endless with this home, and when you step inside is when the real opportunity presents itself. To the front of the home you will find three bedrooms, all with robes and access to the family bathroom and laundry with second shower to wash off from afternoons spent at the beach. The large family room with study nook overlooks the light and bright kitchen, meals and second living space, from its elevated position. Outside you will find an entertaining deck, garden shed and a unique hexagon bungalow that is great for teenagers or would make a fantastic home office. The garage will surprise you when you first walk in, with its high ceiling and abundance of space. It's perfect for storing trade supplies and would make a fantastic workshop as there is a double carport to the front of the garage for car accommodation. The home also includes 22 solar panels and a battery! Walking through the home, it's easy to imagine updating the spaces with modern amenities, adding a pool (S.T.C.A) or reconfiguring the floor plan. With some changes, this could easily be one of the most exceptional homes in Derrick Street!