Perfectly placed in what is arguably, Gymea Bay's most desirable locations, this classically styled, five-bedroom property offers a superb foundation for the entire family - providing endless opportunity for multi-generational living, home office/business or rental possibilities with its flexible floorplan and self-contained living. The principal residence features three double bedrooms with built-in robes, ceiling fans and decorated in a neutral aesthetic that makes settling in and making it your own a breeze. A central renovated bathroom features floor to ceiling tiles, frameless shower and wall hung vanity. An updated, inviting floorplan of open concept living and dining features sumptuous hardwood flooring, split system air-conditioning, decorative picture rails and high ceilings. The fully renovated galley style kitchen features custom cabinetry, stone benchtops, contemporary subway tiling and stainless-steel appliances. The property is currently established to offer separate living between the two residences. The main house has a compact and secure rear yard starting from the lovely north-facing verandah, large undercover alfresco and grassed area. The second residence offers a sizeable garden studio featuring a kitchen with electric upright stove, sizeable living and dining area and two double bedrooms with a laundry and bathroom completing the space. The separate studio provides the perfect opportunity for in-law/multi-generational living, an income opportunity or the perfect base to adapt for your work from home/business office location. With off-street parking available for multiple cars as well as a sizable 663.9 m2 approx. block the opportunities are endless for the astute owner/occupier or investor. Positioned perfectly within moments to Gymea Bay's local attractions and amenities. Within walking distance to popular primary schools and located within Kirrawee High School catchment, the property is a casual stroll to the local café, Marina Crescent Park, local walking trails and recreation reserves whilst Gymea Village is mere moments away with its vibrant retail, cafes, restaurants and community-based businesses. - Land Size 663.9sqm (appx), W12.20m x D54m (appx) - Rates: 636.60 p/q (appx), Water: $369.86 p/q (appx) - Potential Rent Return: Granny Flat $430 p/w