This highly desirable 50-acre property includes a fully renovated, four-bedroom home presenting in pristine condition. Part of the property (around 20 acres) carries planning approval for a 16 bay golf driving range and associated hospitality services.It provides a simple but comprehensive package for the right investor, whether based locally or overseas. Consider the opportunity and benefits offered:Investment StrengthZero land tax under the current holding structure.The potential for significantly higher income generated by the approved driving range compared to traditional grazing or agistment options.Flexible use of the existing 4-bedroom dwelling as a permanent family residence, holiday home or a premium holiday rental.Opportunity to build an additional 60sqm dwelling (to house onsite management).Foreign Investment FriendlyCurrent legislation restricting the purchase of Residential properties does not apply to the purchase of Agricultural land.The development of commercial infrastructure to facilitate an ongoing business may assist in meeting specific migration criteria.Strategic Land Banking potential exists given the property’s close proximity to Balnarring Village, Bittern Village and Somers Village, all designated growth areas.The lush pastures shared by the Tulum Creek wildlife corridor, are free of internal fencing offering a blank canvas for paddock design and use of the remaining 25 usable acres. Horse related activities, grazing livestock, farming and associated agricultural pursuits are all possible and viable options. The four-bedroom dwelling includes a main bedroom with ensuite and WIR's. A generous north facing living space integrates a designer kitchen, dining space and lounge all accessing an expansive merbau deck. There are stunning vistas to the native garden, small orchard and substantial lake with island access via a footbridge and glimpses to the distant paddocks beyond.Private and located close to Coolart Wetlands and local Beaches, just moments from Balnarring Village and services and only an hour’s drive from the City of Melbourne.
Features Include:100m all-weather crushed rock and gravel driveway plus an additional 500m of road providing access to shedding and main paddocks beyondMains water New 8.5Kw solar installation (battery ready) 8 megalitre lake with footbridge access to islandBoat jettyBore water accessed at 60m depth 2 x concrete water tanks with approx capacity of 80,000 litres (as reserve storage)20 fruit trees (various) and extensive plantings with watering systems in placeConifers border all boundaries providing both privacy and wind protection1 gable roof shed 18m x 7m. Fully lined and divided into workshop storage space and games room1 skillion roof shed 20m x 6m for machinery storage1 skillion roof shed18m x 6m for hay storageI timber Potters shed/hot houseFront and rear garden up lights illuminating larger treesThe DwellingAround 200sqm rendered brick and Colourbond roof fully renovated and in excellent order throughout4 Bedrooms, main with ensuite and WIRLarge family bathroomNorth facing open plan kitchen and living areas with immediate access to the merbau timber deckExtensive vistas to the grounds and lake.All electric gourmet kitchen with Fisher and Paykel induction cook top a 2 draw dishwasherSecond living room (snug)All windows and doors double glazedReverse cycle ducted heating/air con as well as evaporative coolingRegency wood heaterTassie Oak floors LED lighting throughoutAdjoining 2 x double garages with auto doorsThe LocationDirectly opposite Luxton Drive, the original entry to Coolart Wetlands homestead and approx 2 km level walk with beach accessShared bike path/ footpath opposite provides a 20 min level walk to Balnarring Village 200m to local bus stop on Sandy Point Rd to Hastings and beyondOnly one hour by freeway to MelbourneFurther InformationA comprehensive information package will be provided upon request.

Farmhouse with gardenBalnarring (Australia)
Price :
$3,447,100
($17,236 / m²)
Surface200 m²bedrooms4 bathrooms2 land20 ha

Its assets

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Energy Performance Certificate

GreenHouse Gas emission