Located in one of McMahons Point's premier streets, this once delightful tri level Victorian terrace has fallen from its former glory. Offering fantastic potential for anyone who can recognise great bones and is willing to put their money where their imagination is. Whether it be a rejuvenation of the current layout or a substantial extension/renovation (STCA), you can rest assured that your investment will be a safe one in this position. Bring your bravado and your builder, your future masterpiece awaits! - Undeniable potential in one of Sydney's most desirable suburbs - North facing sun washed backyard with leafy outlooks - Current water glimpses from the top level with further potential for enhanced water views across Berrys Bay with extension (STCA) - Not heritage listed, located in a conservation area and zoned R3 Medium Density Residential - Amazing opportunity to add value and capitalise - Walk to ferries and buses, Sawmillers Reserve & the harbour foreshore - Moments to vibrant Blues Point Rd's cafes, restaurants and shops - Walk to North Sydney CBD, trains & schools; offers rapid access into the CBD