Potential abounds with this property whether you're dreaming of adding a second story to capture breathtaking ocean, harbour and town views (STCA) or perhaps a development project - the options are truly enticing. The 1950's brick home home is located along the elevated side of desirable Must Street on a massive 1105m2 elevated block and is positioned back from the street. Enhancing the property's allure is its convenient rear laneway access which allows entry to the expansive allotment. Inside needs some updating in areas but hosts three generously sized bedrooms, an inviting kitchen and expansive living areas warmed by central heating. Additionally, its proximity to Portland's RSL Bowling Club, as well as a leisurely stroll to the YMCA, foreshore and CBD ensures both convenience and lifestyle. Whether you're a visionary eager to embark on a project with real potential, or an investor eyeing development opportunities, this property checks all the boxes. Seize the opportunity to claim this excellent property in a sought-after location as your own! NB: Red outline is an approximate only. Grass has been edited for marketing purposes.