Good Luck finding a better location. Perfectly positioned this property is one street back from the hustle & bustle yet just a five minute stroll to the beautiful bay beach and moments to Rye town. With multimillion dollar properties sold on this street, you can build your dream home with potential views from the second level (STCA), on just over a massive 1000sqm approx. parcel of prime land. Or keep and hold onto for your future investments. Cosy and comfortable the home features an inviting open plan kitchen, dining/ living room with three good sized bedrooms. The property is currently leased on a full time bases, achieving $320 per week with good tenants. This property is perfect for summer holidays, as an investment property or development, coastal beach side living in a location that will only boom in value. Opportunities like this do not occur often, don't miss out on your chance at securing a property in such a highly sought after location. Sometimes dreams do come true, this one most certainly will!