An excellent opportunity in a highly sought-after location, this original three-storey home has been tightly held by the current owners for over forty years. Brimming with potential for re-development on a six hundred sixty-three square meter cul-de-sac (subject to council approval), it is a short stroll from the water's edge and within easy reach of the central business district: - Excellent project site for astute buyers to take advantage of- Chance to create brand new dream home for families (subject to council approval)- Prized cul-de-sac allotment provides prime development potential (subject to council approval)- Expansive rear yard features a lower-ground level and exceptional potential for a substantial home extension- Current house features five bedrooms, a large front balcony, and sun-lit living areas- Ideally located within easy reach of Ramsgate Public School and Sans Souci School- Enjoy a wonderful family and social lifestyle in a peaceful cul-de-sac, just moments from vibrant neighbourhood cafés, boutique shops, and the local organic food market.