Offering a rare opportunity to purchase two properties side-by-side for development potential or achieve an outstanding rental yield by leasing both properties at approximately $1,000 per week. Set on a large 1,031sqm, within easy reach to Avoca, Copacabana and Macmasters Beach. Offering an existing four bedroom home and two bedroom granny flat this property has an abundance of potential. - Zoned for R2 Low Density Residential - Possibility of subdivision with the opportunity to include 1,031sqm block next door - Existing four bedroom house, open plan lounge/dining, leading onto outdoor entertaining - Main bathroom consists of shower, w/c plus additional w/c in laundry - Four bedrooms all with built-ins, high ceilings, timber floors - Two living areas plus additional study nook and sundrenched sitting area - Fully enclosed yard, new colorbond roof, large sunny timber deck - Additional two bedroom, one bathroom granny flat, timber floating floor, gas cooktop - High ceilings, covered verandah, ample parking and private yard - Possible development site with R2 zoning, rental potential of $1,000 per week KEY DETAILS: Council Rates $2,207pa Water Rates $721pa