Proudly positioned in what is unquestionably considered to be one of Padstow's finest streets, this classic single storey family home presents an exceptional opportunity. Set on a approx. 550sqm with a 15.24m frontage, there is potential to completely redevelop as a duplex or ultra-contemporary family home with granny flat, subject to council approval. With separate lounge and dining areas, both two bedrooms are welcoming doubles. The large kitchen is modern and bright with views over the backyard, ample storage and electric appliances. Complete with a large yard with side access, the entertainer's garden includes a sunny level lawn. Filled with natural light and potential for a rental return of $530.00 per week, additional features include ample parking, high ceilings, polished floors, air conditioning Situated only a 5-minute walk to Padstow station and the heart of village life, this is a quality offering indeed with shopping, transport and all amenities at your fingertips. - Potential of rezoning R4,4 storey height limit | 1 to 1 Ratio (STCA) - Situated on Approx. 550m2 sqm with a 15.24m frontage - Well positioned in one of Padstow's most desirable streets - 5 Minute walk to Padstow station and in the heart of village life - All bedrooms are welcoming double sized. - Easy entertaining with separate living, lounge and dining areas - Potential for a rental return of $530.00 per week - Large kitchen, modern breakfast bar, electric appliances - Ample parking, high ceilings, polished floors and air con - Entertainer's garden with undercover terrace, sunny lawn