Exceptionally well positioned in a highly desirable street on a gently sloping 2,025 sqm block, this elevated cottage combines a sense of total seclusion with every convenience just a short walk away. This original cottage offers significant potential for either renovation or a complete rebuild/re-development STCA and will appeal to astute owner occupiers and investors alike. The large land holding lends itself incredibly well to numerous capital improvements, such as adding a secondary dwelling, building a brand-new dream home (or both), or by taking advantage of other permissible uses under the zoning. Whichever way you choose to go, this is an opportunity that has the flexibility to fit your future plans. This original dwelling comprises: - 2 bedrooms, - bathroom, - open plan kitchen and living area - sunroom with endless views of the tranquil leafy surrounds - Outside you'll admire: - The established greenery that frames the rear expansive backyard that has an abundance of grass which provides an impressive feeling of space - Plenty of off-street parking This cottage style home enjoys total convenience with: - Easy access to Point Clare train station a mere 500 metres walk away for those commuting to Sydney - M1 Motorway that is just a 10 min drive away, so with the new Northconnex tunnel you'll be in the midst of Sydney in well under an hour - NBN fibre to the premises when you'll be working from home Popular for its close proximity to: - The brand-new West Gosford Shopping Village with its amenities and popular eateries - The highly regarded Point Clare Public School a mere 100 meters/1 minute walk away - The beautiful parklands of Fagan's Bay With the coastal lifestyle at your fingertips, you can enjoy: - Cycling or strolling along the waterfront cycleway - Fishing, sailing, kayaking, paddle boarding or boating on the Brisbane Waters, all the way to either Gosford or Woy Woy - Nature walking trails in the National Brisbane Waters National Park Investors will be impressed with the strong rental returns on offer, with potential rental of $400-$450 per week achievable with a little work and an incredibly low local vacancy rate of around 1.4%. Demand for quality and affordable rental properties within a walk of all amenities is always strong in Point Clare and coupled with rising buyer demand, your investment should prove to be a sound one long term. A perfect position for first home buyers or investors, with great returns down the track, this is one of those opportunities that shouldn't be missed!