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A property with enormous future potential. Located on the edge of the UGZ close to the Lakeside and Arena shopping precincts and schools. The property has multiple road access gates perfect for horse agistment or a caravan/boat/self-storage business. 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 property abuts more recently established ‘smaller lifestyle’ properties giving some indication of possible future use. As a strategic acquisition it’s credentials cannot be faulted. Also a wonderful rural lifestyle proposition that will provide wide ranging possibilities for the establishment of a quality family lifestyle holding.<br/><br/>The homestead 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 giving the opportunity for a home beauty/hair business or just a great place to work from home. Furthermore, you will find a formal lounge with fireplace, dining room, open study, large family and meals area with wood fire and timber kitchen. The large L shaped veranda has views as far as the eye can see from the ranges all the way to French island and across to Mount Martha taking in the uninterrupted view of the nightly spectacular sunsets. <br/><br/>An added 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 kitchen, ensuite plus a sunroom and covered platform giving an authentic feel. You also have a large garage, single carport, hay shed and various out buildings, large spring-fed dam plus tank or mains water available for your convenience.<br/><br/>There is also 2.4 acres (1 hectare) on a separate title with direct access from Peck road.<br/><br/>A passive income of just over $78,000 p/a with the potential to add income through the bnb (Red Rattler Retreat) of about $35,000p/a, ISP rental income between $5,000-$10,000 plus haymaking/agistment/storage options.<br/>
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