This amazing property is truly one of the rarest opportunities to come to market. On offer is a total of 1790m2 of prime real estate, with a current DA approval to subdivide a 921m2 block to the rear of the property, leaving an 866m2 block with a beautifully presented three bedroom cottage that fronts onto Lumsdaine Street. The quaint cottage has a warm and cosy feel throughout, with three large bedrooms with built ins to one bedroom and the main. The living areas are open and light filled with the high ceilings giving a feeling of extra space and the well appointed kitchen is the heart of the home. There are two fantastic areas to either relax or entertain, with a private pergola to the rear of the home and a shaded front veranda that captures the autumn breeze. The rear block is benefited by fantastic elevation that would capture amazing district views, whilst still offering complete privacy between the cottage and the new potential dwelling that was built. (STCA) The location is unbeatable with the historic and picturesque township of Picton with all its cafes, restaurants and boutique stores just a short stroll away. Picton train station and a number of local schools are all at your fingertips making this unique property even more desirable. New South Wales has never seen such a scarcity of registered land and as blocks become smaller and smaller in todays market this opportunity surely cannot be missed. Whether you are looking for a development project, wanting to land bank or simply build your dream home and want family close, 41 Lumsdaine street has endless options.