If you are looking for an old weatherboard cottage within walking distance to Leura Mall on a flat block of land in South Leura, stop looking! This early 1900's weatherboard cottage is in need of some serious TLC, however, 79 Megalong Street, Leura has the luxury of having the zoning of R2 Low Density Residential. With a land size of approx. 1368sqm, this cleared block lends itself to a multitude of uses. There is the potential for a sub-division, secondary dwell and the flexibility of the R2 Zoning for the next owner (all subject to council approval). These properties and zonings are getting harder and harder to find this close to a township. You will need to bring the whole tool box for the renovation though, but the bones of a great old cottage are there, and with some hard work, 79 Megalong Street could be brought back to life! Current configuration includes 3 bedrooms, 1 bathroom, kitchen/dining area and a large living room. There is also a wrap-around verandah along with plenty of off-street parking. Well worth a look for those after a project with potential!