Offering a high water mark title and spectacular views over the Derwent Sailing Squadron marina in the foreground, the harbour and Battery Point beyond, this property majors highly in terms of position and potential.

Built in 1925, and protected by a high brick wall at the front, it is basically in its original state and untouched for many years. So with a strong foundation on which to start, it offers unlimited scope to renovate, extend or demolish to build a prestige home or units (STCA).

Current configuration includes a sunny, spacious lounge/dining, kitchen/family, 3 bedrooms. Storage and workshop under. Paved entertaining patios on the north eastern, waterfront side present a perfect platform from which to sit and enjoy spectacular scenery, the sights and sounds of the sea and a never ending parade of yachts and pleasure boats. Secure parking and A separate studio on the water’s edge. Terraced lawns and gardens.

Waterfront property is often referred to as ‘the best investment’ anyone can make and this one is no exception to the rule!