Established in the ever evolving & popular suburb of East Gosford this charismatic older style residence offers endless opportunities, for the astute buyer.Positioned on a sun drenched 1,005sqm block, this property represents an exciting opportunity for Townhouse/Villa development (STCA), renovation or rebuilding to create a luxury family home befitting the illustrious locale.The existing property features;• Two bedrooms, both with built ins, sunroom or potential third bedroom• Spacious living areas comprising of lounge, formal dining & meals area• Functional kitchen with electric cooker, dishwasher & large pantry • Main bathroom with large walk-in shower, large laundry & separate toilet • Separate, walk in storage room, reverse cycle air conditioning, ceiling fans • Outdoor patio, landscaped gardens, water tank• Double car garage & carport Conveniently located, you are just a short level walk to the popular East Gosford shopping strip, Hylton Moore parkland, Caroline Bay Art Centre, a 3 minute walk to the bus stop & only short drive to the picturesque Gosford waterfront.This is a superb opportunity to make the most of a desirable location with a house that redefines old world charm within a wonderful backdrop or future development.For more information, please contact Nicholas Cusick 0419 436 679.Water Rates: $729.12pa approx. + usage Council Rates: $3,436.80pa approx.