Set over a commanding allotment of approximately 1206m2 within the General Residential Zone, this house and commercial shopfront is an exciting investment opportunity with superb future potential that is not to be missed. Currently leased to a quality tenant and returning just under $29,000 per annum its excellent position and land size provide ample future scope for subdivision, extension or redevelopment (subject to council approval). The residence has been well maintained and comprises three spacious bedrooms, each comprising a built-in robe, whilst a central bathroom services the home superbly. A generous kitchen/meals area adjoins a vast living room whilst a substantial rear and side yard provides excellent outdoor space. At the front, the commercial shop comprises a cool room, storage room & expansive shop floor with built in counter along with seven off street car spaces. This unique opportunity is made even better by its prime position as the property is located within two minutes from the Peninsula Link and only moments away from local schools, shops, Peninsula Country Golf Club, Bayside Shopping Centre & of course, the beach. This is one you can't afford to miss.