The Brief: Entry-Level Lifestyle Property or Ideal Development Opportunity
Nestled in a quiet, bushy pocket of Grantville with sweeping rural and coastal views, this fantastic 2.5 acre property with Low Density Residential zoning offers endless opportunity for the savvy investor. If you’re looking for a small lifestyle property in a small coastal township with potential to subdivide in the future (STCA) and capitalise on the rapid growth of the area, this should be first on your list to inspect.
Privately set back from the road, the charming homestead is full of character and has been renovated throughout and features cathedral ceilings, rustic-look timber flooring and a full-length veranda to enjoy the magnificent sunsets over the water.
Upon entering the home, you are greeted with a large, open plan kitchen, dining and living area, all perfectly positioned to take in the views. The impressive kitchen features abundant storage, a huge central island bench and stainless steel appliances including dishwasher and a 900mm upright stove, plus direct access out to the private entertaining area at the rear.
The master suite is tucked away from the rest of the house and features a walk-in robe, modern ensuite with floor to ceiling tiles and a sliding glass door out to the deck. The remaining three bedrooms all have built-in robes and are serviced by the beautiful family bathroom with walk-in shower and separate bath.
Stepping outside, you can let your imagination run wild with 2.5 acres of mostly cleared land to play with – whether you’re wanting to have a few horses or sheep or maybe you need space to store vehicles and machinery, the options here are endless. There is a huge 7.5m x 12.5m high clearance shed and a second double garage for extra storage.
There are multiple options to explore regarding development – the block could be split into two, or potentially even divided into smaller half-acre lots as there is sewer available at the boundary, subject to council approval.
Small lifestyle properties in the Grantville area are a rare find as it is, let alone something with genuine potential to subdivide and further enhance your investment. The views need to be seen to be truly appreciated so if this looks like the one you’ve been waiting for, get in touch to arrange your inspection.
Inspection via. private inspection only – the property is currently tenanted so please allow 48 hours notice for inspections, however the property is being sold with vacant possession.
Looking to buy, sell or rent in South Gippsland? Get in touch with your expert team today and call Jack Gilchrist on 0411 181 577 or Jassy Batrouney on 0428 294 388 or pop into our office at 8/43-49 Little Commercial Street, Korumburra.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters.