Ideally nestled within a sought-after blue ribbon locale and presenting a rare opportunity to embrace a relaxed coastal lifestyle, this substantial block is ideal for those looking to create their dream home or take advantage of the potential subdivision STCA. This prized residential opportunity is in a highly unique setting, located within a few minutes walk to Wamberal beach. - Original home offers spacious layout and dual living options - Open living/dining area flows to covered entertaining space - Oversized backyard waiting for someone to capitalise on it - Light filled open kitchen plus kitchenette on lower level - Four generous bedrooms, three have built-ins, one has ensuite - Three car lock-up garage with internal entry, ample storage - Vast potential for owner-occupiers, developers or investors - Live in the existing home, or knock down or subdivide (STCA) - Take advantage of this rare investment opportunity - Close to the lagoon, minutes to the centre of Terrigal KEY DETAILS: Council Rates $2,489pa Water Rates $720pa