This property is just waiting for your creativity. A rare 5 acre allotment in the centre of town which is open to a lot of prospects.
The first option might be to renovate the house and rent that out, and then renovate the old social club house for the same purpose.
Or you might start up an industrial or commercial venture; as there are three old hardwood buildings located on it, plus a concrete block chemical shed. It had been used by the forestry previously and set up with town water and sewer.
Another option might be to talk with the local council about changing it back to rural; which was its former usage.
Or it might even be better to have it subdivided long ways and have the zoning on Davies street changed to residential, as there are a dozen residential houses across the road already. You could then build storage sheds on the Mill Street land as there are no storage sheds in Yarraman.
There are so many options here that you really need to have a look at this and let your mind wander. Come on; give me a ring. I have the keys out and ready to go.
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