If you are one of those people with vision, who is always looking for a diamond in the rough for your next project, then you will know what a treasure this property is. This is one for the type of person who has the ability to see behind the curtain, and recognise true potential, rather than simply taking things at face value.
This property consists of two parcels that total 10.5 acres, separated by a road, but on one title. It has beautiful private setting and is in a wonderful neighbourhood surrounded by the luxurious homes that you would expect in such a highly regarded location for lifestyle properties.
It is zoned Low Density Residential which means it has the potential to be subdivided into two 5 acre allotments, subject to Council approval of course.
The parcel fronting Mandurang South Road, which is a sealed road, has a very old home with some interesting features like a pressed metal ceiling, sash windows and dado boards. It could be made very cute but would definitely need the works, and would be suitable for either a complete renovation / restoration or perhaps for demolition to make way for a dream home in this amazing location.
Also on this parcel is an old shed and a small interesting building that was most probably the wash house. This parcel stretches all the way back to Coghills Road which is a good all weather Road. Having two road frontages provides you with many more options if you have a creative mind.
The parcel on the other side of Coghills Road, is covered in large part by a dam, and would ideally be combined with one of the lots to satisfy land size, if you were to subdivide to develop the property, either now or as a future venture.
No matter which way you look at it, if you are willing to roll up your sleeves, take the time to put in some thought, and do the hard work, you can convert your sweat into money, and reap the rewards.
