18 Rock Bath Road

Palm Beach NSW 2108

Coveted, envied, treasured and, until now, unattainable - this is it. Your one chance to secure "Pegasus" for you, your family and for future generations.

The property was purchased by the current owner back in the '70s, when Palm Beach was relatively undeveloped and certainly considered too far from the city for everyday living or commuting. Now, 40 years later, it's the "go-to"' beachside destination for people desperate for that everyday escape from the city.

* Totally liveable as is, the house has two storeys and each floor can be used independently of the other, so it would be useful for extended families or in-law accommodation

* Whilst it offers 4 to 5 bedrooms and 2 bathrooms, all mostly in original condition, the home itself is not really the prize. It's the land and the position. And, of course, the potential.

* On approximately 1144sqm of exquisite real estate, the property does have its challenges - not least of which is the absence of driveway access and parking. There is nothing. Only on-street parking is available.

* Subject to Council approval, there is scope and possibility to construct driveway access and then fully realise the potential of the site. Purchasers will need to rely on their own enquiries to Council with regard to any future development of the site.

Located adjacent to the public pathway and steps down to the ocean pool at the southern end of the beach, this is certainly the most iconic residence in the most coveted location in Palm Beach.

For the dedicated website, please visit www.18rockbathrd.com