Located on one of Lake Macquarie's most recognisable strips, where Lake Macquarie shines before you in all its glory, this classic mid-century three-bedder is perfect as-is and sits on a (very) softly elevated 914sqm landholding. A firm contender for a knock-down/rebuild project where you can take full advantage of its generous building envelope and lifetime lake view, it also presents a rare opportunity to create a coastal sanctuary of significance, or it delivers an exceptional building site to construct a multi-dwelling development (STCA). Still in great nick, you can move straight in and start enjoying this prestigious address while you decide on the home's future and plans are approved, or you could rent it out quickly for extra income. Only 600m from Pippis at the Point and Speers Point Village, where Mr. Sister Café will soon become a favourite, the premium address provides the perfect balance of lifestyle excellence and daily convenience. - Classic weatherboard and tile home with a sunny front porch and standalone garage - Fresh presentation throughout and with a modern kitchen and bathroom - Beautiful living and dining areas where the sparkling lake view takes centre stage - Island kitchen featuring stone and stainless steel benchtops and quality appliances - Three large bedrooms with robes, two bathrooms include a master ensuite - Polished timber floorboards in living areas, ducted AC throughout - Double French doors open to a covered alfresco areas and beautiful backyard - Dream position serving up never-to-be-built-out views of Lake Macquarie - Outstanding opportunity to create a coastal masterpiece or a multi-dwelling development - Located opposite the famous Watagan Cycle-way that loops around the lake