Frangipani 001 is regarded by most people as being one of the best locations of all the lodges on the beach front of Catseye Beach. Being a ground floor end unit, you attract a large amount of privacy by having a cul-der-sac on the west that separates you from the neighbouring Lodge. There are only 3 other apartments on the east which allows little traffic past your patio. This property features some of the best water views for a ground floor apartment, as you hear the sea flow up on the sands of Catseye beach. Currently permanently tenanted to a local business on a month by month basis, it screams for a renovation that would definitely maximize holiday let rentals that these apartments consistently achieve. If you have an eye for a great potential investment and are not scared to take on a project, then look no further as its location and position is hard to beat. Inspection a must.