For Sale

16 Forrest Drive, Nyora, VIC, 3987

$1,100,000 - $1,200,000

6
2
5
10 ac.

AcreageSemiRural

30+ days on the market

View agent price guide

What's around 16 Forrest Drive

Cash Cow on 10 Acres

An absolutely awesome investment with a potential return of $75,000 per annum or live in one and rent out the other- the choice is yours! Two properties with two separate entrances are just the beginning of the potential offered by this versatile property. Currently set up for equine use, the land features eight paddocks, most with loose boxes, along with a riding arena and two dams, creating the ideal setup for horse enthusiasts. The main residence offers three bedrooms, a cosy lounge with a wood fire, and a modern kitchen and bathroom. Step outside to an outdoor deck that captures beautiful water views. Additional improvements include a double garage, carport, small sheds, and a studio, perfect for the budding artist or hobbyist. Building Two has been recently completed and is a two-storey structure currently used as a spacious office, complete with a kitchen and shower room. With a few modifications, it could potentially be converted into a second dwelling (STCA). This building also benefits from its own separate entrance, independent meter, and phone connection. Outside, you’ll find another double garage, a vegetable garden, and a phone tower that provides additional annual income. If you’re looking for your own private retreat with enormous potential, this is an opportunity not to be missed. Properties like this are rare, enquire today.

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