Spacious Home on 5 acres (approx.) - Lifestyle/Land-banking Opportunity!
An outstanding opportunity has arisen to secure a solid brick home on acreage located at 31-39 Moreland Road, St Leonards. Situated approximately 2.7km from the idyllic, coastal township of St Leonards this property offers the ideal location to build your dream lifestyle home or offers a savvy investment as a land-bank opportunity. This beautiful parcel of land totals 2.02 hectares and is less than 400m to the current residential boundary of the St Leonards township.
The solid brick home consists of four generous bedrooms and two spacious, open-plan living areas. The kitchen offers all modern conveniences with the adjoining meals/living area ideal for entertaining large groups of family or friends. A spacious alfresco deck connects to both living areas and is ideal for relaxing outdoors. Two of the four bedrooms offer ensuites and walk-in robes while the two remaining bedrooms feature built-in robes and are serviced by a centrally-located third bathroom. Attached to the property is a large double lock-up garage accommodating up to two vehicles. A large detached shed provides for the storage of farm machinery, boats and caravans.
Boasting a 100m approx. frontage to Moreland Road and located less than 3km to the picturesque beaches of Port Phillip Bay this fabulous property offers a lifestyle filled with recreational activities in this vibrant holiday destination.
Consisting of flat land the property is fully-fenced and has a shelter-belt of trees on the western boundary. While no current agreements are in place, the property offers the potential to earn passive income through agricultural leasing or agistment.
With lifestyle properties becoming popular on the Bellarine Peninsula and the potential for future upside as a land-banking opportunity (STCA) this property's credentials stack-up under any analysis. Be sure to secure your lifestyle dream in peaceful St Leonards.
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