Located within easy walking distance to the central shopping precinct of historic Beechworth this immaculately presented and well maintained cottage sits on a large 961m2 (approx.) allotment with obvious sub-divisional potential (stca). Comprising two bedrooms, cosy lounge, country style kitchen with adjacent dining area, multiple split system heating and cooling units plus an enclosed rear outdoor area. Outside the property features secure fencing, a lock up single garage sized shed and lots of vacant land fronting John Crescent, it's ideal as a future townhouse site. Currently securely leased to a quality tenant you can buy now and develop later, plus with the Rail Trail abutting the rear boundary it's the ideal spot for the cycling enthusiast. Call now to arrange your inspection, this beauty will not last long!