A rare opportunity exists for buyers to purchase this property that boasts a range of options for buyers from renovating and extending the existing home to subdividing and building a new home (STCA). This home is situated in one of Warrnambool’s premier locations, with the Merri River, Rail Trail, CBD, Lake Pertobe and Lady Bay all within close proximity. A three bedroom home plus large shed sit at the front of the blocky with a large vacant back yard. The large block of 1014 m2 (approx.) has rear lane access and lends itself to the potential to subdivide (STCA). From the rear of the property, there are stunning, north facing views, across to the Merri River and surrounding wetlands. This a fantastic opportunity for buyers to secure a property in a premier location with beautiful river views.