Sitting atop 410sqm of premium land in a tranquil position close to good schools, parks, the harbour and amenities, this three bedroom single level weatherboard home will hold huge appeal to investors, developers and first or second home buyers alike.

Zoned Mixed Housing Urban, the opportunity here is immense. The 1960s home is solid and well maintained, with three good sized bedrooms and a bathroom with shower over bath and separate toilet.

The kitchen is open plan with the dining and is in original condition, flowing through to the very spacious, light-filled lounge.

There is already insulation underfloor and in the ceiling, a heat pump in place for comfort, lovely native timber floors throughout and a handy separate laundry.

The pristine and private grounds feature ample flat lawn space and a lovely privacy hedge and the property also comes with two off street parks.

Possessing incredible potential, developers will want to investigate their options under the unitary plan, renovators with an eye for style will love the possibility to add value with a simple makeover and investors will appreciate the great location and minimal work required to get the home up to spec.

Set on a quiet street leading down to the water, here you are within walking distance to in zone Panmure Bridge School, Panmure Basin for your morning dog walk, the Panmure Yacht Club and Mt Wellington Park.