The potential of this block is endless, you can build your dream home in this prime location straight away or hold the property with a good rental until you are ready to design the ultimate river home. The property has a neat and tidy Queenslander with a single car garage that tenants would line up for.

The last few years have seen everyone chasing the Noosaville dream in the space-bound by Gympie Terrace and Mary Street, between Thomas Street and Weyba Road. Meanwhile, the enclave from Robert Street west to the canal which is the nautical entrance to Noosa Waters, between Gympie Terrace and Gibson Road, has been sitting quietly under the radar.

What you do get is all the amenities of Elizabeth, Ann and Edward Streets et al without the congestion, as Cloudsley Street is zoned for single dwellings only. This is where the smart money has been trickling into and it is easy to see why. It is an easy walk to Thomas Street and Gympie Terrace eateries, a flat bike ride along the riverfront bike trails and a short stroll to the Yacht Club and Lions Park playground so you can exhaust the kids.

The home features abundant storage for recreational pursuits such as canoes, kayaks, bikes (a big plus with the river a mere 200m away). There is also a generous lower level rumpus room connecting to a covered entertaining area as well as a laundry and toilet.

Ascend the stairs and you will find a river cottage with timber floors, high ceilings and louvred windows. There are three bedrooms, all with built-in robes, a study area and kitchen/ dining area which feeds onto the lounge area. The backyard is fully fenced and easily maintained.

The true value, however, lies in the flat 569sqm block and the uber-desirable location, with the surrounding streets seeing some impressive new homes being built.

Very few locations offer the flexibility of this home. Rebuild or simply enjoy a stunning relaxed lifestyle in your classic Queensland river cottage. You call the shots!