The home offers future potential to renovate or knock down and build your dream home. The block resides in the Next Generation Precinct Zoning, which allows for a building heights of up to 3 storeys! This is an amazing opportunity to snap up a great block close to the waterfront and why renovate when you could knock down this existing home and build your dream Hamptons home. Take advantage of the current water views and close proximity to the beach, schools, shops and other amenities. The Federal Government is offering eligible buyers a $25,000 HomeBuilders Grant to build your dream home, there has never been a better time to build! This property has been a low maintenance investment property for the last 8 years. The rental appraisal for this home is $355-$370 per week. Overall, this home would provide a great opportunity to be close to the waterfront without having to worry about leaving pets behind or sacrificing comfort and ease of everyday living. Features: - Hardwood floors underneath carpet/vinyl - East facing - 10m frontage - Elevated Block Call Loren at Abode Properties today to arrange your private inspection. **All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.**