Ripe for renovation or an inspired reimagining, this 1950's cottage with high ceilings & solid timber floor boards occupies a substantial 658sqm parcel enjoying an ideal north to rear aspect, & awaits the next exciting chapter of its life story. Featuring a wide 15.4m street frontage, the opportunities are many. Renovate the existing home & reside or rent. Take advantage of dual occupancy potential & construct a second dwelling at the rear. Or start anew & capitalise with a dynamic duplex development. Moments from Lake Heights shops & eateries & less than a kilometre from both Warrawong High School & Warrawong Public School, this is an excellent location for growing families. All that remains is to assess the possibilities & reap the rewards. - Well proportioned allotment with an unusually deep northern boundary. - Recent earthworks & retaining walls front & rear create usable level platforms. - Brick, clad, & tile home in good structural condition, fully functional, but dated. - Covered porch. Generous living room at entry with wide picture window. - 3 bedrooms, 1 including built-in wardrobe, all with window coverings. - Family bathroom in neat original condition with full size tub & separate shower. - Light-filled kitchen with electric cooktop & oven & adjoining dining space. - Laundry at back door plus additional toilet. Under house storage. - 5.1kW (18 panel) solar system generates free energy. - Securely fenced perimeter. Electric hot water. - 500m to sporting fields & Lake Heights Junior Football Club. - 4 mins to Warrawong shopping, dining, & services.