It's all about the stunning ocean view looking out to Middleton Bay and Michaelmas and Breaksea Islands, and the massive 1,532sqm block with plenty of room to build second dwelling and/or big shed. Not only is this property in a sensational Mira Mar location close to town, the beach, hospital, and other amenities, not only does it have a great modern three bed home, but there is also absolutely massive potential on offer. Live in the existing dwelling and build another, build and live in a new home and keep the existing dwelling as an investment or for extended family, subdivide, or just enjoy the views, tranquility, and abundant space on offer. The home is currently run as an Airbnb with exceptional income, so you could even consider that! • 1,532sqm lot zoned R25 with subdivision potential for three or possibly even four lots • Existing three bed home at top of block in elevated position with stunning views to Southern Ocean • Flat area half way down the block with power connection ready for construction of second dwelling and/or big shed • Fabulous Miramar location, leafy and peaceful, close to all amenities • Existing home with terrific bush and ocean views from both levels • Huge entertaining deck on first level, relax with friends and enjoy the view • Full width living room with ample glass, semi open-plan with dining and modern kitchen, all on level one • Three generous bedrooms and quality bathroom on second level. Master with private balcony and unbelievable outlook • Bitumen driveway to top of block, good parking space The earthworks are already done with the space set up for enjoyment or development. You can build a terrific home in the middle of the block and use the existing dwelling as an investment or for extended family, or live in the existing home and build a big shed or investment property midway down. Subdivison is also a brilliant option with potential for great profit - a super easy two lot subdivision and relatively simple three lot split. Sell the existing home and still leave yourself with a huge block, or split into three and sell off what you want - the opportunities are almost endless. Mira Mar is one of Albany's most popular suburbs for a reason. This particular home benefits not only from the amazing ocean outlook but also the leafy environ looking out across ancient oak trees and Seppings bushland. From here you can walk or cycle easily to Middleton Beach or enjoy a walk around like Seppings. It's an easy drive to town, beach, or golf course, and you are just a couple of minutes away from the new Albany hospital. 41 Drew Street is an exceptional opportunity indeed - a superb home, and absolutely mega potential. For your private inspection or more information please contact Blair Scott on 0459 024 026.