220 Edinburgh Road, Castlecrag

This spacious two storey home has been a rental for many years and is bursting with potential to capitalize on its wonderful location and spectacular views over Sailors Bay to the city skyline in the distance. On a generous 689sqm block (frontage 18.3sqm) with level access from the street, the home accommodates up to 4 bedrooms, 2 bathrooms, separate dining and spacious living that flows out to a huge rooftop terrace. There is tandem garaging for 2 cars with internal access and huge scope for a sympathetic redevelopment of the property (subject to council approval) in this highly prized and sought after location, close to shops, schools and city transport. This is a golden opportunity with near land value expectations.Council rates: $503.50 p/qWater rates: $168.38 p/q