This charming two-bedroom home, set on a flat 588m� development block zoned R3 (medium density residential), offers a unique blend of comfort, practicality, and future potential. Perfectly positioned in a sought-after location, the property features:•Two Bedrooms: Well-sized and versatile, providing ample space for a small family, couples, or holiday retreat.•Sleep Out: An additional flexible space adding value and functionality.•Kitchen: Fully functional •Living Room: Light and open with reverse cycle A/C•Bathroom and Separate Laundry•Separate Shed/Garage: A stand-alone structure ideal for secure vehicle storage, a workshop, or additional storage needs.The block itself is flat and highly usable, making it ideal for future redevelopment (STCA), whether you're considering townhouses, villas, or units under the R3 zoning regulations.Location highlights:•230m to the foreshore: Enjoy tranquil coastal walks, water views, and recreational activities.•500m to the Marina: Perfect for boating enthusiasts and relaxation.•660m to Soldiers Club: A local hub for dining, entertainment, and social events.•850m to Batemans Bay Central Shopping Precinct: Easy access to shops, cafes, and essential services.•1km to Catalina Country Club: Featuring a 27-hole Championship golf course, ideal for avid golfers or weekend leisure.Current tenants paying $375/wk on a month to month lease who would love to stay. Rental appraisal: $390-$420/wkCouncil rates: $2,984/yrThis property combines the charm of an existing home with significant development potential in a prime location close to Batemans Bay's key amenities. Whether you're looking to move in, rent out, or redevelop, this is a fantastic opportunity to secure a versatile property in a thriving coastal community only 2hrs to Canberra and 3.5hrs to Sydney.