Offered for the first time in 20 years and ready for the astute investor. This large 4 unit complex on Torrens title is ready for someone to reap in the rewards. Offering a prime location and a blank canvas for you to add your own touch. The property has been converted into a family home with the benefit of having a residual income with two units downstairs. Upper level - Consisting of 5 bedrooms and 2 bathrooms with a large living area, galley style kitchen and internal laundry. Step out onto the large north facing deck with filtered water views of the lagoon and a great sense of privacy. Lower Level - Consisting of 2 units with two bedrooms and 1 bathroom each. The bedrooms are spacious and have built in robes. The units are a mirror of each other and have a large living area, laundry and own access through the foyer. You will find a lock up garage and large shed for secure parking with plenty room for extra parking. Set out on a large 1138 sqm block with a great location and being a unique offering, this is something not to miss!Rental Guide:• Unit 1 downstairs - potential rent of $330 per week.• Unit 2 downstairs - Currently tenanted at $330 per week.• Upstairs - Potential rent of $500 per week.