Situated in an enviable position at the water's edge on Rodd Point, this immaculate full brick bungalow offers you a choice to either move in and enjoy now or rebuild a new luxury two storey home including basement garaging using council pre-approved plans. With a generous 15.3m frontage it features attractive polished timber floors, R.C. air-conditioning, 3 bedrooms main with ensuite and walk-in robe and a spacious open plan living room with water views. The modern granite and polyurethane gas kitchen and internal laundry adjoins a large informal dining/family room flowing out to a northerly paved courtyard perfect for barbecues and outdoor entertaining. A wide side driveway leads to a double garage with workshop area or storage. The Bay Run and Dobroyd Aquatic Club are on your doorstep and it's just 6km to the C.B.D. Fabulous opportunity to acquire this pristine property in a prime waterfront reserve location. Capitalise on the multiple lifestyle choices on offer here!