Situated in a classy tree lined street only short walk to Merewether Golf Course this exceptional property has great bones with many upsides. Set on large level allotment of 697m2 this 1920's brick home is full of classic features. Opportunities here are diverse and the only way is up, develop site, design your dream home or possibly subdivide STLCA in blue chip Merewether. The property is currently configured as two separate residences. Firstly the main home has three bedrooms, two bathrooms, storage area or study, plus open plan design living, kitchen plus formal lounge and is a good layout and easy to improve although quiet nice as it stands. To the rear of the property is an attached two bedroom flat for additional income with its own living space and bathroom. (Approx. rental $250-$300 per week) Other property features include: • Large level 697m2 allotment with 15.3mtr frontage • Significant 3 bedroom brick original residence • Attached 2 bedroom flat • Carport areas for up to 5 cars • Plenty of upside by way of improvements or development STLCA • Walk to Merewether Golf Course • Close to transport, shops and easy drive to beach • Potential to subdivide and build second dwelling to rear STLCA • Retain existing dwelling and extend to your own design requirements This great property has many options - all being significant upsides - a great investment that is sure to reward well. To be sold by On Site Auction Saturday 2nd of April at 3:00pm unless sold prior. To inspect lookout for scheduled times or call for more information.