Nestled on the high side of the street, this adorable 2-bedroom cottage presents a unique opportunity for those seeking comfort, potential, and a touch of coastal charm. Situated on a spacious 778m2 block, this property offers versatility and endless possibilities. The large bedrooms within the cottage provide ample space, ensuring a cozy and welcoming atmosphere. Embrace the convenience of reverse cycle air conditioning, ensuring year-round comfort within the charming interiors. This property is more than just a cottage; it's a canvas for your vision. Whether you're searching for a delightful weekender, a rewarding project, or exploring the potential for dual income (STCA), this residence accommodates your aspirations. Side access to the rear reveals a sizable storage structure with a carport, adding further value and utility to the property. Enjoy the Northerly sun from the inviting front verandah, creating a perfect spot to unwind and soak in the natural light. The current rental income of $250 per week for the storage, combined with a rental appraisal of $400 per week for the cottage, makes this property an attractive investment opportunity. Don't miss the chance to make 70 Frederick Street your own. Whether you're envisioning a coastal escape, a renovation project, or a strategic investment, this property awaits your personal touch. Contact us now to arrange a viewing and explore the potential that this charming cottage has to offer. Your new sanctuary in Sanctuary Point awaits!