Situated a breezy 100m stroll from the waterfront with a spacious 783m2 corner allotment (within the sought-after Next Generation Zoning) this is an opportunity not to be missed! Next-Gen Zoning permits a wide range of new projects to take place with fewer restrictions, allowing for a selection of affordable housing options to be built. Next-Gen Zones are often within walking distance of parks, and shops, surrounded by schools and services, emphasising lifestyle! It features an impressive 15m x 51m (approx.) block on 2 lots. There is a great future ahead for this address which captures water outlooks from the front of the home! The existing property is a classic four-bedroom character home, offering immediate live-in potential while you finalise your plans or a solid rental opportunity for those wanting a bit more time before they build. It has spacious living areas with high ceilings and a fireplace, a modest kitchen and bathroom, plus heaps of storage/additional space downstairs. There is a massive backyard with lots of parking available off-street and ample access for weekend toys, or space to add a pool or a granny flat (STCA). Please note: this property is currently tenanted. This property is right on the cusp of both Margate Beach and Suttons Beach, near The Sebel Margate, various restaurants, cafes and great nightlife. It is close to Margate Shopping Centre (Woolworths, butcher, bakery and other amenities), Redcliffe Hospital, Westfield North Lakes and various lifestyle amenities. It has easy access to buses, the Kippa-Ring train station and the Gateway. It is in the catchments of Humpybong State School and Redcliffe State High School, nearby Grace Lutheran Primary and Southern Cross Catholic. Speak to us today! Disclaimer: In preparing this advertisement we have endeavoured to ensure the information contained is true and accurate. We accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.