This fantastic lakeside property offers the flexibility with the living arrangements, whether with extended family or investment with options to use as a holiday home. Located just steps from the edge of Tuggerah Lake and the new Tuggerawong pathway, where you'll find a hive of activity with cyclists, runners and playgrounds. The two storey brick and tile residence comes with five bedrooms, multiple living spaces over both levels plus two large bathrooms and double garage. This entire home has been recently painted and offers light filled modern interiors throughout. Plenty of options for entertaining your guests from either level, enjoy lazy afternoons while you sit back and take in stunning lake views and leafy surrounds. The second dwelling offers contemporary coastal interiors, high raked ceilings, two bedrooms with built in wardrobes and attractive kitchen with stone bench tops and quality appliances. Boasting a steady temperature all year round with air conditioning and ceiling fans throughout. This home has separate, direct street access, with its own single garage. It's not every day an opportunity such a this comes along! This unique two for one offering, is perfect for investors with the main home currently returning $990 per week and the smaller two bedroom home returning approximately $37,000 per year on 'Air BnB' for a combined total income of $88,500 approx. per annum. Main House: • Five bedrooms in total! Main bedroom comes with walk in robe and private balcony with water views. • Gourmet kitchen, with plenty of cupboard storage and walk in pantry, caesar stone bench tops with breakfast bar and stainless steel appliances. • All the comforts of a woodfire heater plus almost new air conditioning. • Double lock up garage with internal access and landscaped gardens. • 5k/w solar panel system. • Separate lock up storage shed. • Two large decks the upper with lake views. • Recently painted throughout. • Rain water tank Second Home: • Architecturally designed two bedroom home with separate access and lock up garage. • Open plan living with high ceilings, split system reverse cycle air-conditioner and timber laminate flooring. • Added bonus of ceiling fans throughout. • Both bedrooms with built in wardrobes. • Rain water tank. Land Size - 866sqm approx. Council Rates - $2,046.16 p/a approx. Water Rates - $912.89 per dwelling p/a approx. Combined Rental Income - $88,500 p/a approx. *E & OE. Please note that all information herein is gathered from sources we believe to be reliable, however we cannot guarantee its accuracy and interested parties should rely on their own enquiries*