R1 Zoning, Development or Investment Potential

This home has four generous size bedrooms, tall ceilings, spacious open plan lounge/dining with open fireplace plus as a bonus, a separate garage converted to a self-contained studio perfect for in-laws, home business, teenagers retreat or rent it out to help pay the mortgage.<br/><br/>With plenty of rare yard space for a boat, trailer or caravan and potential for a pool, alfresco space, veggie patch, firepit area, or revamp existing gardens, this is a great opportunity to either knockdown and build your dream home or completely renovate to add value.<br/><br/>Property features:<br/>- Four generous sized bedrooms<br/>- Self-contained studio<br/>- Air conditioning<br/>- Open fireplace<br/>- Timber hardwood floors<br/>- Two bathrooms<br/>- Fully fenced 695sqm block with side access and carport<br/>- Potential for development e.g., granny flat (S.T.C.A).<br/>- Great access to M1 and public transport.<br/>- Currently tenanted until March 2023<br/>- Minutes to local shopping conveniences, parks, beaches, Tuggerah Lake foreshore, Norah Head Lighthouse and close to local schools and medical centres.<br/><br/>Council Rates - $1572.84 p/a approx.<br/>Water Rates - $849.12 p/a approx.