This beautiful seaside cottage optimizes the Peninsula lifestyle with so many options from running home businesses, creating a great investment portfolio or just simply enjoy living in this character home in the heart of Redcliffe. The development opportunity here is superior within the Central Precinct radius of Redcliffe. The Town planning report for Multiple Dwelling Opportunity, 27m above natural ground level. Water, Gas and Electricity are at your door.. You are sure to be impressed by the high-quality finishing throughout the home. A well thought out layout and attention to detail, makes this the perfect family home. Three good sized bedrooms, all with ceiling fans and robes, serviced by a freshly renovated family bathroom. Heading outside to the detached fully self-contained Modern Studio with kitchen and bathroom, this space can be easily modified to a 2 bedroom to create a greater income. Currently it is bringing in $150.00 per night. There is also a home business - Hair salon fully equipped and ready to go. This amazing property sits on a 506m2 block only 100ms to the waterfront. Location is key, as the home is also only a short distance to local shops, schools and public transport. Extra Features include: * North facing front deck * Large East facing rear entertaining deck * Side access * Single Carport * Fully Fenced block * Timber look Hybrid flooring * High Ceilings * Air-Conditioning - in lounge and master * Internal Laundry * Rates $2,340 pa Contact Teri from Redcliffe Realty on 0432 450 041 to arrange a private inspection.