Offered for the first time in nearly 75 years, this property is set on 766sqm, making it an incredible opportunity to rebuild or develop (STCA). It's nestled in one of Blakehurst's best streets, within walking distance of waterfront parks and schools. - Generous land parcel measures 15.24 metres x 50.29 metres - Prime elevated position with an ideal north facing backyard - Exciting potential to create a custom designed family home - Lucrative scope to redevelop for multiple dwellings (STCA) - Original brick cottage set across a light filled single level - Two well proportioned bedrooms plus a sunroom/third bedroom - Charming timber studio at the rear offers multiple uses - Additional scope to renovate and add a second level (STCA) - Lock-up garage, off street car space plus sprawling gardens - Superb location within a moment's stroll of the water's edge