Develop, invest or graze

A once in a blue moon property, the exceptional bay villa sits perched and admired on its 4.81ha (more or less) of prime land. St Leger Road is known by many as one of the most desirable locations in town and the opportunity has now come for this iconic property to change hands. Develop, invest or graze, the option is yours!

Zoned large lot residential, this exciting property has a lot to offer for a huge range of buyers. Council guidelines around subdivision indicate there is the potential to develop this property to an estimated 12 lots. However, we recommend that any prospective buyers do their own due diligence to confirm this.

The turn of the century, character villa has certainly stood the test of time. Beautiful high stud ceilings and sash windows showcase the history of this home. Three spacious bedrooms, generous kitchen and dining, separate living and a combined bathroom with second toilet, offers the perfect blend. Whilst much has been done over the years to keep the house warm, dry and homely, a refresh would be beneficial to retain the character yet add some modern touches.

Currently used for horse grazing, the setup allows for this to continue or offers a range of possibilities. The impressive shedding boasts a massive, combined area of roughly 403sqm (more or less) of stables (12 boxes) and machinery storage space. There's also standalone car garaging and workshop space of 118sqm (more or less). The land has been subdivided with electric fencing, and this, along with the extensive shedding makes managing the horses on the property a breeze. Town water ensures plenty of year round supply.

This property is a 'must see' for buyers.

Viewing by appointment. Price is + GST (if any) on land only.