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Discover a highly desirable parcel of land and a well-maintained three-bedroom home in the picturesque lakeside suburb of Marks Point. This property features a recently updated bathroom and is situated on a spacious, level block of R3 zoned land. Positioned on the right side of the block when viewed from the road, the home offers convenient drive-through access to a large, vacant backyard.With significant potential for future development - whether it be adding a granny flat, subdividing, or a complete redevelopment such as townhouses (concepts available for viewing), villas, or a new large home (STCA) - the possibilities are endless. A second story could also provide stunning views of Lake Macquarie, Belmont 16 Footers to the north, and Pelican & Swansea to the south.Conveniently located near schools, local shops (including a salon, news agency, post office, café, and marina), beaches, and transport options, as well as Swan Bay, Village Bay, Belmont Bay, and Naru Reserve, this property offers both comfort and a prime location.Note: Current tenancy agreement in place until May 2025 - please call to discuss