This fixer-upper in St George’s is not for the faint of heart. But it’s priced to sell and has some very attractive features.First the pros: The two-storey cottage is on nearly one acre of waterfront land, with panoramic water views, potential water access and lots of privacy.Also, it is in a great family-friendly neighbourhood in Ferry Reach, on a cul-de-sac lot.Now the cons: It’s going to take a lot of work, even a complete tear-down to renovate and get the cottage in liveable condition.It would require all new plumbing and electrical work.And to maximise the water views, significant landscaping and clearing of the lot is be required.It is on a hill with grown over, lush vegetation, which would need to be cleared to cut a path down to the tranquil waters of Ferry Reach.But a large part of the lot is level and with the right design and landscaping, a lovely yard could be created and the setting could almost look rainforest like. There is a sturdy Mulberry and other mature trees, rose bushes and grown-in hedges.The two-bedroom cottage at 6 Ferry Close in St. George’s, listed with Wigwam Real Estate, is two stories on 0.87 acre with 211 feet of waterfront on Ferry Reach.The cottage is zoned Residential 1 allowing for major work and development with Planning approval.The wooded slope down to the waterfront is Coastal Conservation.Planning permission could be applied for to construct a pathway down to the water as well as a dock.Panoramic views can be obtained over Ferry Reach, Castle Harbour and North Shore, all the way to Dockyard, with the mass of foliage trimmed on the residential section.The cottage is a total size of 1,280 square feet plus steps and a pump room.It has a fireplace and chimney, large water tank, and the roof is actually not in bad condition at all.On the ground floor is the 15’ by 9’ kitchen and small bathroom. There is a dining area and living room on the ground floor as well.On the upper level, which you currently have to access from outside via steps, is space for a bedroom and second room or bedroom.It is plumbed for a bathroom and has a shower and toilet currently.The upper level was formerly used as a workshop and is filled with tools, debris and junk- or perhaps to some, treasure, if you count the model boats, cedar works and old-fashioned typewriter.The configuration of the cottage is adaptable to various uses and with some careful planning could be turned into a lovely home for a small or larger family, with construction costs starting at around approximately $275 a square foot.In addition, it is located on a quiet cul-de-sac and very close to Ferry Reach National Park, a beach and the Railway Trail for walking.The home is listed at sole agent Wigwam Real Estate for $600,000, but price is negotiable and it is stressed that all offers are encouraged.For more information contact Peter Lever at 297 3800 or e-mail peterlever@ibl.bm.