Property

PRICE DROPPED MUST SELL Two Charming Homes on 8.73 Acres in Sought-After Newborough Town!

Goldbank Real Estate proudly presents this beautiful 8.73-acre (approx.) property, nestled in a Rural Living Zone. Offering the serene charm of country living combined with the convenience of in-town amenities, this property is situated on the ever-popular Haunted Hills Road. It's an ideal opportunity for horse enthusiasts and those seeking a hobby farm, space, comfort, and potential income streams. Currently, one dwelling rents for $520 per week, the other for $340 per week, plus an additional $150 per week from horse-related income. Combined, these incomes can potentially reach up to $1,000-$1,100 per week.

Property Features:

**Dwelling 1**

- Three good-sized bedrooms with built-in robes - Larger home with low-
maintenance tiled exterior
- Wrap-around deck on three sides
- Neutral color scheme throughout
- Comfortable living room with wall-to-wall carpet and gas central heating
- Spacious blackwood kitchen with ample bench and cupboard space, gas
cooking, and room for a family dining table
- Additional sunroom and study nook
- Massive garage workshop with sink and running water

**Dwelling 2**

- Renovated cottage
- Charming cedar-clad, two-bedroom home
- Delightful front verandah for relaxation
- New vinyl plank flooring for a bright and airy ambiance
- Timber-lined, vaulted ceilings in the living room - Casual dining space leading
to a laminate kitchen with gas cooker, breakfast bar, and pantry
- Central bathroom with separate bath and shower

Additional Features:

- Disused bungalow
- Massive mechanic garage workshop with sink and running water
- Sundry shedding
- Two stables and a tack area for horse enthusiasts
- Two large water tanks
- Small dam/ Horse training swimming pool (85m x 5m)
- Separately metered power for both properties , town gas, and mains water
- Approximately 3.53 hectares (8.73 acres)
- Land itself in Newborough Village Whether you're looking to rent out one of
the dwellings, run a bed & breakfast or Airbnb, or simply enjoy the vast space
for yourself, this property is brimming with possibilities (STCA). It also offers
potential for land banking.

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NOTE: link for Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist

Disclaimer: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.