An outstanding opportunity for a perfectly positioned corner block of 670 sqm, situated a mere 50 metres from public waterfront access and with north facing waterviews, this is a prime opportunity to build a prestige home or renovate the three existing buildings in arguably the best redevelopment location in the local market. An owner/builders dream, brimming with potential and scope. - 670 Sqm of north facing land and original buildings with waterviews - Original three bedroom home, large double garage and workshop on site - Opportunity to renovate the existing buildings or redevelop completely - Bathed in sunlight year-round in it's north facing corner position - Rented out in current condition until recently for $490 per week - Existing plans available for new dual occupancy home (STCA) - Ideal for water enthusiasts; 300m stroll to public jetty, 50m to public waterfront - Perfect location for Sydney commuters; short drive to train station and to M1 - Extremely quiet family friendly location within short drive to Umina/Ettalong beaches - 5 minutes drive from peninsula shops, restaurants, cafes and all amenities KEY DETAILS: Council Rates $2,003pa Water Rates $994pa