8 Little Gahan Street, Pambula, NSW 2549

? Beautifully presented, fully-renovated three-bedroom cottage

? Additional large shed with attached granny flat

? Huge versatile block with development potential (STCA)

Brimming with character and charm, and located right on the edge of the Pambula CBD, this multi-faceted property is zoned R3 for medium-density residential and has endless potential.

Set on a very large 1,933-square metre block with dual street access, this property has both a quaint, fully renovated three-bedroom cottage accessed from quiet cul-de-sac Little Gahan St, as well as a large commercial-sized shed with well-appointed two-bedroom granny flat and adjoining vacant block accessed from Quondola St (Princes Highway).

The private and peaceful cottage is currently used as a short-term holiday rental and is filled with endless rustic, Australiana character and numerous surprise features. There's a well-appointed modern country kitchen with quality SMEG appliances, breakfast bar and bi-fold windows opening out onto a servery bar in the adjoining front garden entertaining area. There's beautiful original timber floors in the open-plan living/dining area, a reverse-cycle air conditioner, faux electric fireplace and lots of windows and French doors for great natural light and airflow.

There's three good-sized bedrooms, filled with bespoke features like timber floors and sliding barn doors, which all have external access to the private back deck. The large deck has a jacuzzi, outdoor dining area and barbecue and with elevated west-facing views out over Pambula village, it's the perfect spot for a sunny afternoon winddown. There's also a fully-renovated bathroom with free-standing clawfoot bath, as well as space for the washing machine and dryer.

The fully-enclosed front yard is very private and not visible from the street. There's a level lawn area - perfect for kids and pets ? a fire pit and a covered outdoor dining area that adjoins the kitchen. A large two-car garage with carport at the front also adjoins the house.

A side pedestrian lane links the cottage to the large Colourbond shed at the rear which has street access from Quondola St. The shed has a large two-car garage/workshop at one end ? perfect for somebody with an interest in cars or other hobbies that require a bit of room to move ? as well as the neat and tidy granny flat at the other end.

This unique property provides multiple useable scenarios - you could have a dual income stream by continuing to holiday-rent the cottage and putting a separate domestic and/or commercial tenant in the shed. Or, you could live in the cottage and subdivide off the vacant rear block (STCA) with development potential for townhouses or units.

With its prime Pambula CBD location, you can leave your car at home and take the easy, three-minute walk to the heart of Pambula village with its shops, cafes, services and great community atmosphere. And the delights of Pambula Beach and the River Mouth are just five minutes' drive away. With untapped potential for subdivision or development and multiple income streams, this unique Pambula property is a rare find.