Attention Investors with long term dreams! Imagine being able to own a two bedroom cottage on a gorgeous 696m2 level block, in a quiet street, less than 200m from the shores of Lake Macquarie and only around 400m from the Swansea boat ramp and Public Jetty. Ideal for the avid fisherman or water enthusiast. Take the lakeside walk North to secluded swimming spots or picnic on the Lake front Reserve just 120m away at the end of your street! A level 1km stroll East will take you to Swansea CBD and shopping with such amenities as Doctors, Chemists and other health professionals, Banks, Library and Post Office. Shopping is a dream with Coles and Woolworths near the main street, surrounded by Cafes, Restaurants and other entertainment options. The cottage sits behind a beautiful big tree at the back of the block and offers a huge screened entertaining space, as well as a big living area, huge kitchen with separate dining and 2 good sized bedrooms. Move in or rent the home out until you're ready to build your dream home! The block has a 15.24m frontage to Bay Street and is 45.72m deep which will give you plenty of options should you decide to build. A 15 year old home in the same street, but further from the water sold for over $800,000 less than 12 months ago, so this property is an absolute bargain and offers exceptional capital growth. Location, Lifestyle and an income until you're ready to retire!! Sweet!! * This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.