Stacy Downey proudly presents to the market, 5 Palara Street, Buddina; Across two levels, it is complete with three bedrooms, two bathrooms, two living areas, original kitchen, front tiled balcony on upper level, covered alfresco entertaining area at rear overlooking inground pool, separate laundry, plus double lock up garage with storage. The floor plan could facilitate dual living with the addition of kitchenette on ground floor; or could be transformed to run home business/salon from this level. In mostly original condition, existing features include timber hardwood floors on upper level (including under carpet), security screen sliding doors, balcony access from master bedroom, decorative wrought iron railings – adding retro-charm, shade cloth over pool, and solar power. Whether you decide to renovate/restore or rebuild – you cannot over-capitalise in this blue-chip position; the 'bones' and structure is there for an impressive renovation, and indeed homes of this vintage truly come up beautifully with some creativity and capital investment…polish those timber floors and let the charm and warmth shine! Located in a quiet street within walking short walking distance to Kawana Marina, Kawana Shoppingworld, tavern, and Buddina Primary School; plus, a 15-minute walk to beach and Kawana Surf Club – the car can stay parked at home. First time offered to the market ever! – this property will attract interest from far and wide! Property flippers, tradies/builders, land-banking investors; this is an opportunity NOT to miss. This solid, double storey brick and tile classic in a tightly held coveted pocket, east of Nicklin Way, offers amazing potential to renovate for profit or rebuild a lifestyle masterpiece on 554m2 block…offered the market for the first time EVER!