This very well presented property is minutes walk from the water taxi, ferry terminal, shops and the Dunwich swimming enclosure. There is a main house plus a two bedroom flat on the 647sqm block which could provide dual income or accommodation for extended family. The main house is open plan with three bedrooms (main bedroom air-conditioned), one family bathroom and a separate laundry and powder room. It has polished timber floors and a beautiful outdoor patio looking over Moreton Bay. Inside has been freshly painted white and the external is cladded with hardwood timber weather board that is painted blue like a true iconic beach house. The flat has two bedrooms, one bathroom and currently has great tenants. This is an ideal scenario to have a steady income stream whilst enjoying your new island home. The home has a 5kw Solar system installed so the running costs for the property are very minimal. The huge powered garage at the rear of the property has driveway access and plenty of space to house the cars and boats. Dunwich boat ramps are within minutes and all Moreton Bay and the Bay Islands has to offer at your fingertips. Right across the road is the tranquil Lady Loch beach and the Footy Club is around the corner for a drink and meal.