2 Boyd Street, Swansea, NSW 2281

When you're looking to be by the water, down on the flat, but your budget falls short, this is the perfect entry point buy, with great side access to the backyard for your boats and other toys too.

The Lake is literally just around the corner, the houses across from you are waterfront reserve, meaning you get to stroll the Lake's foreshore morning, noon and night and enjoy a fish or kayak, less than 200m from your front door, with fantastic boat ramps seconds drive from home!

The original cottage has all the charm of yesteryear with wonderfully high ceilings and big spacious rooms, divided into 2 separate flats long ago, each with their own dedicated bedroom, living, kitchen and bathroom, they come complete with fantastic long term tenants who are keen to stay or even buy the property themselves.

Wonderful neighbours, they've got lots of history and would love to see out their days here.

For the sake of their privacy, and given they are dudes ;) we have virtually furnished both flats so you can imagine them with your furniture, rather than seeing them as the bachelors' pads they are right now.

For those who love to renovate and have the tradie skill set or contacts, down the track the residence could easily be transformed into a modern day Lake House cottage, or opened up again for big open living and extra bedrooms, while still embracing the old world charm.

Adding front and back verandahs and a picket fence would complete the cottage look, adding stacks of street appeal, and letting you embrace the aspect, with decks to kick back on and catch the sea breeze, and enjoy the shade in warmer weather, while chasing the morning and afternoon sun in winter, the backyard being blessed with the perfect North East aspect.

Easy strolling or scooter distance to the shops, services, dining out and watering hole options and both Channel and Lake foreshores, the location is spot on, and with 2 rents coming in, let your tenants help you pay the mortgage, maybe you could throw in a granny flat out the back subject to council approval, and holiday here now, or pick up an extra rent until you're ready to re-develop the site or build your dream home.

With so much potential, you're paying a land value only price now, while getting a dual income reality, that will help cover your holding costs, perfect for Mum and Dad investors, keen to secure a future site for themselves to retire to, or property to kickstart their kids' future great Australian real estate dream ?.

? Fantastic investment opportunity with two flats under the one roof line

? Long term hold, renovate, extend or knock down & build your new home

? Authentic cottage look, with real yesteryear charm features & genuine appeal

? High ceilings, original timber floorboards, as well as huge bedrooms in each flat

? Good size kitchen to both flats, with room to move plus lots of bench & storage

? Appreciate great side access to a blank canvas backyard on a flat level block

? Short stroll down the road to Lake's edge, parks and Fishermen's Co-Op

? Located in sought after Swansea, close to top boat ramps and sandy swimming

? Day to day shops, services & dining options are an easy stroll or scooter ride away

Our owner sadly needs to sell to secure her twilight years future, and she is ready to talk turkey, knowing she's offering one of the most potential filled, affordable options in town.

She's already had an offer, so don't dilly dally around, as this is one of those genuine, renovate, or detonate, just don't procrastinate, cheap and cheerful opportunities that surely will not last ....