1 Springvale Road

Lockwood South VIC 3551

84983.98 m²

House

Last sold for $1,050,000

Patrick Skahill, last sold this property on 09 October 2026 after 164 days on market.

Overview

Two Homes, One Exceptional Lifestyle. A Rare Dual-Occupancy Opportunity on 21 Acres

Wrapped in wide, shady verandahs and thoughtfully linked by a clever central breezeway, these two adjoining Western Red Cedar homes sit peacefully among beautiful established gardens, on sought after lifestyle acreage close to urban convenience. Just 15 minutes from Kangaroo Flat's shopping, services and transport, the location allows you to dip in and out of city life with ease - and enjoy the privacy, tranquillity and space that only an acreage property can provide. This is a truly unique opportunity to secure a lifestyle that blends independence, flexibility and income potential in a picturesque setting. Both homes reflect pride of ownership and have been meticulously cared for by the same family since construction. Both offer three bedrooms, excellent storage, and beautiful outlooks to the gardens and versatile property beyond. There is a cost reducing solar system, 66,000L of rainwater storage, fruit trees, a 5.2m x 8.6m caravan port, spacious entertaining deck, large dam, and a 9m x 18.4m shed with concrete floor and power. This dual occupancy configuration is perfect for families seeking multi generational living or two households wanting independence without distance. It's a future proofing proposition allowing owners to age in place while keeping loved ones close. For buyers who may not have considered dual occupancy, the second residence presents outstanding potential for guest accommodation or fixed term rental to supplement your income or enhance the funds at your disposal in retirement. Positioned between Maldon and Bendigo - both strong tourist destinations, the property is exceptionally well placed to capture guest accommodation demand. It also represents a compelling opportunity for shared ownership between siblings, relatives, friends or joint venture partners, with legal frameworks available to support co ownership arrangements. This is a remarkable property boasting 21 acres with two quality homes and a wealth of possibilities for living, sharing and earning. A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist

Features

6 bedrooms

3 bathrooms

5 carspaces

84983.98 m² lot size

House

Estimated Value

We need at least 3 similar 6 bedroom houses sold in Lockwood South over the last 12 months.

Property history for 1 Springvale Road

2026

Sold

$1,050,000

Private Sale/Treaty on 09 Oct 2026 by Patrick Skahill, of Elders Bendigo

Happy sellers in Lockwood South

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