Property

Description

A unique land-banking opportunity with absolute river frontage…

When built in the early 1970’s, this brick-veneer family home with return veranda provided the very latest in creature comforts; two living areas, study, four bedrooms, all with built-in robes and plenty of storage. These qualities are still evident and the open plan kitchen has since been refurbished with dual Miele ovens, electric cooktop and dishwasher. The home features spotted gum timber flooring, wood heating in the lounge plus reverse-cycle heating and cooling in the lounge and all bedrooms. Still easily liveable and providing ample accommodation, the home is ready for a makeover and what’s more… worthy of one! Outside there’s an established country garden and inground pool with undercover entertaining area.

One of the outstanding features being the magnificent Moorabool River frontage, which traverses the eastern boundary of the property providing fertile river flats for a wide variety of agricultural pursuits. Subdivided into nine paddocks and perfectly suited to a lamb or beef fattening enterprise, viticulture or alternatively a stud animal or equine operation.

More than a country getaway, the 35.03 hectare, (86.5 acre), property offers the perfect mix of semi-rural living with scale for secondary income and includes a 12 MGL water licence.

This purchase provides a unique land-banking opportunity, as the property is zoned Rural Activity Zone (RAZ) and abuts properties zoned Low Density Residential (LDRZ), so an opportunity may exist to rezone the top 4.5 hectares for residential redevelopment, (STCA); leaving the rural lifestyle property with a still formidable 30.53 hectares, including river frontage.

Farm improvements include powered workshop, two machinery sheds, cattle yards, good fencing, mains water in addition to tank supply and one dam for livestock. 40 minutes from Geelong’s town centre, 50 minutes to Ballarat and 80 minutes to Melbourne.

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