Price & Co Real Estate proudly presents this cosy one-bedroom bungalow, which would make for a great first or low-maintenance home, investment or development opportunity! This one-bedroom bungalow, currently rented to a great long-term tenant, sits on a 605m2 general residential zoned block within 800m of Wonthaggi's town centre. The bungalow has a main living area, a bathroom, and a functional kitchen, providing a cozy setup for the current tenant. But what makes it special is its potential! This property offers plenty of choices for its new owner: it's an ideal first home, a potential dream home site where you could build up to take advantage of the coastal views towards Kilcunda and Cape Woolami, or build multiple dwellings on the site (STCA). Additionally, it includes a spacious shed with a carport, along with rear laneway access, providing easy entry to the entire block. Situated only 800m to town and a short drive (3 mins) from Wonthaggi Hospital, it's close to important amenities. And if you love the beach, Harmers Haven (6 mins) or Cape Paterson's (8 mins) stunning beaches are just a quick drive away. Should you have any more questions or wish to schedule an inspection, feel free to reach out to Price & Co. Real Estate. Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website. Due Diligence Checklist https://www.consumer.vic.gov.au/duediligencechecklist