Established in the ever evolving & popular suburb of East Gosford this charismatic older style residence offers endless opportunities, for the astute buyer. Positioned on a sun drenched 1,005sqm block, this property represents an exciting opportunity for Townhouse/Villa development (STCA), renovation or rebuilding to create a luxury family home befitting the illustrious locale. The existing property features; * Two bedrooms, both with built ins, sunroom or potential third bedroom * Spacious living areas comprising of lounge, formal dining & meals area * Functional kitchen with electric cooker, dishwasher & large pantry * Main bathroom with large walk-in shower, large laundry & separate toilet * Separate, walk in storage room, reverse cycle air conditioning, ceiling fans * Outdoor patio, landscaped gardens, water tank * Double car garage & carport Conveniently located, you are just a short level walk to the popular East Gosford shopping strip, Hylton Moore parkland, Caroline Bay Art Centre, a 3 minute walk to the bus stop & only short drive to the picturesque Gosford waterfront. This is a superb opportunity to make the most of a desirable location with a house that redefines old world charm within a wonderful backdrop or future development. For more information, please contact Nicholas Cusick 0419 436 679. Water Rates: $729.12pa approx. + usage Council Rates: $3,436.80pa approx.