Set in a great street on the edge of the Wyong CBD, only a short walk to the shops and Train Station this property offers an opportunity to secure a prime piece of real estate. With a land size of 809 sqm (approx.) and an R3 medium density zoning this property has lots on offer for the home buyer, the investor or the developer. The home, originally built in the 1920's had a face lift in the 1980's and includes 3 spacious bedrooms, a separate lounge plus a dining room off the kitchen. Enjoying some of the characteristics of old like high 12ft ceilings and a bull-nose front verandah the home also has some modern features including air conditioning and an automatic door on the detached garage. For the home buyer and family this is a great opportunity to buy a comfortable home with a huge backyard that offers good potential for expansion and improvement. For the investor and developer this is a rare site offering a large block with an R3 medium density residential zoning offering potential for subdivision and development close to the town centre. For development the floor space ratio is 0.90 and the maximum building height is 13m. Simply buy now, collect your rent, with an expected return in the vicinity of $380 per week and develop later…… Width of block approx. 13.41m and depth approx. 60.35m. To receive your free information e-book on this property sms '36MARGARET' to 0429 272 028.