Opportunities like this one are all too rare! Offering an untold potential to renovate, hold or perhaps remove the current home and build your dream residence, this amazing property is for those that recognise a chance when it comes along! Situated in one of Newport's finest streets, this sturdy family home has been well-loved and the owner's decision to move on is your opportunity. As you approach the home, you'll love the neatly landscaped front yard and you'll immediately notice the huge carport at the side…a structure that could house a small caravan or boat if this is your requirement. You'll open the front door and enter the spacious formal lounge and dining area…an area that is the ideal place to relax and is highlighted by the lofty vaulted ceiling. Meander a little further into the home and you'll discover the generous open plan living and meals area that adjoins the generously sized kitchen complete with electric cook top, oven, built-in pantry and handy breakfast bar. Sure – it's all original but it's as solid as a rock! The rear extends out to a fabulous family room (also with a high vaulted ceiling) and as you can see, this is the perfect place to position a pool table if this is your inclination. You'll also find the huge separate laundry, powder room and entry into the double lock-up garage on this level. Head up the internal stairs and you'll appreciate the way the four bedrooms have been nicely separated. They each provide built-in robes and ceiling fans whilst the master offers air-conditioning and a handy ensuite with twin basins, shower and toilet. The main bathroom is also very big and similar to the ensuite, it offers twin basins, a separate shower, toilet and also a separate bath. Outside, you'll love the well-sized paved area that's ideal for entertaining and this space lies next to the sparkling in-ground saltwater swimming pool. Beyond here, you'll gaze over the canal where the owners once had their own private pontoon before they decided that they no longer required it – perhaps you could install a new one? The roof is tiled, there's security screens on all doors and windows and you almost don't have anyone looking into your property from the other side as this block lies opposite to where the canal tucks around the corner. With properties in this area selling fast for obvious reasons, make sure you inspect this one quickly! A full features list includes: • Fabulous 714m2 block with direct canal frontage • Situated in one of Newport's finest streets • Neatly landscaped front yard • Large carport at the side • Huge formal lounge and dining area with lofty vaulted ceiling • Generous open plan living and meals area • Spacious kitchen complete with electric cook top, oven, built-in pantry and handy breakfast bar • Fabulous family room (also with a high vaulted ceiling) – the perfect place to position a pool table • Big separate laundry • Downstairs powder room • Double lock-up garage with internal access • Internal stairs • Bedrooms with built-in robes and ceiling fans whilst the master bedroom offers air-conditioning and a handy ensuite with twin basins, shower and toilet. • Main bathroom offers twin basins, a separate shower, toilet and also a separate bath. • Expansive paved area that's ideal for entertaining • Sparkling in-ground saltwater swimming pool • The owners once had their own private pontoon before they decided that they no longer required it – perhaps you could install a new one? • Tiled roof • Security screens on all doors and windows • You almost don't have anyone looking into your property from the other side as this block lies opposite to where the canal tucks around the corner • Untold opportunity to renovate or remove the home and create your dream designer residence This one is bound to attract very strong interest as its truly entry level buying for canal frontage in this area – be quick! 'The Michael Spillane Team' is best contacted on 0414 249 947 to answer your questions.