Great opportunity to buy a large 2826sq block in a beautiful family friendly location surrounded by quality homes in this popular area of Penguin. Set on a slightly elevated position ensuring privacy from the street, even has some ocean glimpses. Within a minute or so of Penguins magnificent new sporting precinct, the golf course, school, popular foreshore development and beach, cafes and shopping. Penguin is only 9 minutes away from Ulverstone and 17 minutes away from Burnie, and Melbourne is only an hours flight away from Burnie or Devonport airports. The house is the original homestead built in 1950. This is a spacious home with many happy memories, however both the home and large shed/carport has fallen into a sad state of disrepair. The right person with vision, skills and energy could again make this home shine and reap the benefits - or put the bulldozer through it and build your dream home, make no mistake - this is a stunning block presenting value for a block of this size in this location, plus it is complete with established mature trees You will have to view this property to fully appreciate its size, position and achieve its full potential however- please be prepared to renovate or detonate. While we use all reasonable endeavours to verify the information contained herein, we cannot guarantee that it is entirely accurate. The information provided is obtained through various sources, all of which we consider to be reliable however given the nature of 'buyer beware' in Tasmania, it is recommended that prospective purchasers conduct their own investigations in addition to information provided to them by the agency