With a spectacular lakeside setting, this inner-city bolt hole is literally dripping with potential and will pleasantly surprise you. The lush timber interiors of its traditional Lockwood construction give it a holiday vibe, further complimented by its water views. With tidily renovated kitchen and bathrooms, it has already been transformed into a private and magical little retreat from the busyness of city life. Yet there is plenty of scope to add value with further renovation work here. Step inside and the expansive vista of Hamilton Lake is what strikes you immediately. The open plan living zone merges seamlessly with dining and kitchen, making entertaining friends and family a dream, which the current owner has really enjoyed. The kitchen itself has plenty of well-planned storage and natural light. There are three bedrooms; one of which enjoys its own ensuite and a peaceful view over the rear gardens. There's expansive decks to enjoy the lake outlook and the grounds could be developed further should you wish. This cute as a button property is rounded out with a single garage plus good off-street parking. All the boxes are ticked here for inner city convenience with the upside of potential to transform into something really special. The compact nature means it could be the ideal home for singles, couples, or a superb rental to add to your portfolio. The convenience of its central location means a steady stream of prospective tenants eager to live close to employment at Waikato Hospital or the CBD. Equally this could be your dream Air BnB property being walking distance to Seddon Park, Waikato stadium and the dining & entertaining of the central city. Step out your front door to access the beautiful Hamilton Lake with its walking paths for recreation plus some of Hamilton's superb cafes and boutique shops just a short stroll away. A superb opportunity to enjoy good capital gain via transformation exists here; don't delay, get in touch with us today.