This immaculately presented double-storey brick home sure is a rare find, offering exceptional space, a brilliant location and water views with a north aspect! Perfectly positioned across from the Lakes Entrance Recreation Reserve and Bowls Club on 600 square metres, this property is within walking distance to the magnificent Lakes system, Main Beach and shopping/dining available in the heart of the town. You'll be pleasantly surprised from the moment you step foot into this lovely home. Featuring high-quality fixtures and fittings throughout, it is presented immaculately for a home built in its era and you'd be hard-pressed to find something in better condition. Enter upstairs into the formal entrance hallway with the master bedroom to one side with en suite and walk-in robe, and a spacious lounge, bar and formal dining space on the other, taking in the vistas over the recreation reserve and North Arm. The formal dining and kitchen/meals area offer generous space, with the kitchen featuring electric appliances, a dishwasher, and plenty of pantry and cupboard space. The second and third bedrooms have been recently renovated with new carpet and both come with built-in robes. The main bathroom has been renovated within the past five years, offering modern amenities and colour scheme. A balcony upstairs is designed to capitalise on the water views and morning and afternoon sun. Downstairs, you'll find a large rumpus room or second living space, providing extra room for family activities or relaxation. The huge laundry and third bathroom are convenient and practical, while the cellar/storage area offers ample space for your storage needs. A fourth bedroom, or alternatively a third living area, adds further flexibility to the layout, creating an ideal space for guests downstairs or – for those able to do so with a little work – the ability to create separate living zones and offer an Airbnb space for additional income. The expansive double garage space also includes a workshop area with the area comfortably fitting in two large vehicles and a small trailer. This home is solidly built and in excellent condition throughout, offering a move-in ready option for those looking to enjoy the space immediately, or the potential for a bit-by-bit renovation to make it your own. Located in a rare position with stunning water views, this property combines size, location, and opportunity. Don't miss out on this exceptional opportunity - contact us today to arrange a private viewing! For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist