Set in a captivating elevated position enjoying water views, this property offers everything you could want from lakeside living plus the potential to create two income streams. Separate living areas across two levels, a completely level and fenced backyard giving safety for the kids and a large deck to enjoy the views whilst entertaining and large separate double garage perfect to be converted into a granny flat (STCA).Key features:- Parent quarters on lower level combining master with WIR, ensuite, A/C and family room- Large tiled outdoor entertaining deck with great views- Open plan lounge/dining- Kids oasis with 1/4 basketball court and safe backyard- Separate double garage with massive potential to be converted into a two bedroom granny flat- Plenty of additional off-street parking for boats/caravans or cars- 850m to primary school, shopping village and sporting ovals- 3 minutes from the fantastic Balmoral Boat Ramp