This magnificent property boasts stunning views, has a 25 metre shared jetty and and an existing boat shed at the waters edge. Killara Close runs adjacent to the property enabling access from both Killara Close and Coal Point Road. Some preliminary work has been done with the view to a development on a 2 or 3 block subdivision. A proposed 3 block development, survey diagram and environmental impact booklet are available for viewing. The block has a gentle slope from Coal Point Road to the waters edge. The existing cottage is small but tidy enough to provide accommodation whilst your dream house is being planned. Ideally this property lends itself to the construction of 2 beautiful homes so phone a friend and buy it together. Properties of this stature are very rare. This property has not been offered for sale for almost 40 years. It is worth a look.