Tantalising possibilities abound at this superbly sited home with world class views and options for re-development or renovation.

Whatever your choice, this large home and 759 square metre property will reward your investment.

100 Princes Drive is rich in appeal to developers, re-developers or those who simply hanker for a wonderfully large, very liveable home in a superlative position they can re-fashion to their vision.

So much is in its favour; the plum Princes Drive address, the incredible, sweeping panorama from beach to The Cut, harbour and bay - and the rare level access.

From this grandstand spot, you not only have a super large flat parking court/garden outside the front door, but another level access to the bottom of the property, its garage and the garden, reached via a double-width private right of way.

That accessibility not only makes living here an easy delight but gives developers and re-developers a straightforward two-property opportunity.

What's also valuable for owners is the protection of your view, with covenants on the height of properties and trees in front.

From the kitchen window and dining area, you can also enjoy eastern views to the city and Nelson hills.

The house itself is typically 1960s solid with roughcast cladding, concrete tile roof and a probable later addition featuring split brick exterior at the front and for the double garage.

With its west and north facing windows and high perch, you're guaranteed all-day sun and spectacular sunsets.

Living areas are made for entertaining; a huge lounge and a family/dining room separated by sets of quad-fold doors. All the rooms are spacious; the four bedrooms (and especially the master with its magic location) and storage is generous.

Downstairs, with bathroom facilities and potential bedroom or office space you have the chance to create an extra self-contained area - perhaps for income. Otherwise there's a generous workshop area.

To see the options, you owe it to yourself to look over this appealing property.