Set on a massive 1243m block across from the beautiful Waterloo Bay is this very spacious home offering an abundance of possibilities. A timeless design the property benefits from a very practical layout, the expansive living areas and centrally located kitchen opening out to the huge outdoor living. Featuring four bedrooms, master with walk-in robe and en-suite, plus a two way bathroom and large study/living room. The upstairs provides extra living space and takes advantage of the bay views with wrap around deck. The double lock-up garage offers plenty of storage and theres good side access with room for a boat or caravan. With in-ground pool and plenty of space the outdoors is a massive blank canvas that could easily be transformed into your own tropical resort. If youre looking to secure a substantial property in a prestigious location at a price level that offers huge scope for renovation and capital gain, then this is an opportunity that must not be overlooked!