Here is a rare redevelopment opportunity to obtain this elevated corner parcel, located on the edge of the UGZ, close to the Lakeside and Arena shopping precincts and schools.
With its stunning elevated vista, the lifestyle property is ideal for a Place of Worship, School, or Agriculture. It has multiple road access gates and is perfect for a variety of uses. With just under 30 acres (11.9 hectares) of land in total, there's plenty of space for you to imagine all the possibilities.

The homestead on the 10.9 hectare corner title, is surrounded by established garden and the interior is finished with a rustic country charm, featuring 4 bedrooms and 3 bathrooms. A home office with separate entry and adjoining one of the bathrooms gives the opportunity for a beauty/hair business or just a great place to work from home. Furthermore, you will find a formal lounge with a fireplace, dining room, open study, large family and meals area, wood fire, and timber kitchen. The large L-shaped verandah has views as far as the eye can see, from the ranges all the way to French Island and across to Arthurs Seat, taking in the view of the spectacular sunsets and nightly light show of urban Melbourne.

A bonus is the circa 1917 train carriage formerly used as a BnB affectionately called "The Red Rattler Retreat". This 1-bedroom retreat is fully self-contained with a kitchen, ensuite plus a sunroom and covered platform giving an authentic feel. You also have a large garage, single carport, hay shed, various outbuildings, large spring-fed dam plus tank or mains water available for your convenience.

The second Lot is 1 hectare(2.47 acres) with a building envelope, being vacant and flat and direct access from Peck Road.

Income potential, Current Telstra Lease of $60,646 per annum on a monthly tenancy with 5% annual increases. Value add prospects via the BnB (Red Rattler Retreat) of about $35,000p/a, ISP rental income between $5,000-$10,000 plus haymaking/agistment/vineyard/storage options.
Executor’s Auction on site Friday 20th December at 2pm. Prior offers Considered.