Offered for the first time in over 50 years, the opportunity now presents for an astute buyer to acquire this magnificent 1,031m2 allotment (approx), with an invaluable 31.4m (approx) frontage. Improvements on the property, comprise of a much-loved family beach house built in the early 1970's. The home built of solid masonry construction with suspended timber floor is original, yet presents in very good condition, making it ripe for renovation and extension. Uninterrupted views from the home can only be described as being sublime - the white sands of Hayborough Beach are right in front of you, with simply breathtaking views taking in all of Boomer Beach going all the way to Knights Beach at Port Elliot, whilst looking to the South-West you have equally captivating views of Granite Island and the Causeway, linking the island to the Victor Harbor foreshore and beyond to Wright Island and The Bluff at Encounter Bay. The home is disposed to three generous bedrooms and one long living/dining room running nearly the full width of the home, with front door access to the large alfresco deck. A second living room (or fourth bedroom) is found on the eastern end of the living room. The panoramic views are captured in their entirety from the living space. The master bedroom has built-in robes and an ensuite bathroom, with bath, shower, vanity and wc. Bedrooms two and three both have built in robes - bedroom two with hand basin, while the third bedroom has access to the two-way main bathroom, with shower, vanity and wc. The sea views are still captured from the spacious kitchen, which opens out into the front living room. There is a reverse cycle split air-conditioner in the living room, as well as a fabulous slow combustion fire, which creates a snug atmosphere in the cooler winter months. At ground level there is another room which is currently used as a storeroom, but would make a wonderful studio, should there be the need. The size of the allotment, together with its expansive 31.4m frontage, is what really sets this magnificent property apart. Zoned Suburban Neighbourhood, the zoning requires a minimum frontage of 12 metres for a detached dwelling (minimum site area 420m2) or a 9 metre frontage for a semi-detached dwelling (minimum site area 300m2). Overwhelmingly, it is the location that is the winner here! The views are simply amazing! Watch the waves break over Olivers Reef and witness the pods of dolphins surfing the waves and possibly a Southern Right Whale during their winter migration. The allotment has a gentle slope going from the back of the block towards the sea which would enable a really special build taking absolute advantage of the views towards Boomer Beach and Port Elliot in one direction and Victor Harbor & Encounter Bay in the other. The famous Cockle Train passes in front of the property adding to the holiday spectacular and all the regions many amenities are within easy reach. A tidy beach house to enjoy now and a wonderful development opportunity for the future …. as a blank canvass the development opportunities are only limited by your imagination! The reality is, these real estate gems don't come along too often, so it would be in your best interests to act quickly!