1159 Barrenjoey Road, Palm Beach, NSW 2108

Claiming the kind of waterfront setting that hasn't been available for decades, this extraordinary property seems suspended over Pittwater and fronted by a wide, tidal beach. Claiming a high water mark as its boundary line, the classic P&O design of this versatile home is a perfect fit for the quintessential nautical experience; characterised by its timeless, double-brick and tile build, the streamlined facade of its curved glass windows takes full advantage of the spectacular position.

It's actually two full apartments on one title, each with a spacious waterfront layout, generous living areas, kitchen, two bedrooms and bath; this configuration can be transformed into a single home or maintained as two separate dwellings. There's also a large ground level studio with bathroom and laundry that has been utilised as a boathouse for many years.

The position is phenomenal, but there's also much to admire within each home ? gleaming timber floors, extra-high ceilings and a sense of space and light are just a few of the many standout features, as is the absolute privacy of the position; there's a great opportunity here to enhance the classic Art Deco lines or consider a brand-new development that's a five minute stroll from Snapperman Beach, the Palm Beach Ferry wharf and the heart of the village (STCA).

- Superb location; walk to cafes, boutiques, ferry + Snapperman Beach

- Deep waterfront setting with a boundary line at the high water mark

- Classic P&O style architecture with two full apartments on one title

- Beautiful tidal beachfront; lower level makes an ideal boathouse

- Unobstructed views across the Pittwater, Palm Beach Ferry and beach

- Immaculate interiors, spacious layouts, original floors and windows

- Each apartment features kitchen, lounge/dining, two bedrooms + bath

- Five off-street parking spaces, level to the road, easy in and out

- Choose to update existing apartments or create a single dwelling (STCA)

- Good potential for further development; prime Palm Beach setting (STCA)