1940 McIvor Highway Axedale VIC 3551

This unique land holding offers excellent lifestyle and/or commercial development opportunities STCA. The property, formerly known as the Arakoon Resort, has an area total of approx 77.905 acres. It includes a substantial mud brick homestead overlooking the lake and shaded by verandahs to all four sides. It comprises four generous bedrooms, a study, an updated bathroom, and open-style living, dining and kitchen areas showcasing soaring cedar-lined cathedral ceilings with light-adding clerestory windows and a stunning bluestone open fireplace taking centre stage.
The spacious country-style kitchen will appeal to keen cooking enthusiast with its electric induction cooktop and oven, a dishwasher, ample white cabinetry and a slate-topped breakfast bar for casual meals.
Added features include a split system a/c, LPG gas heating, store room and 3 x 5K gall water tanks.

The property has a large lake with an approx. 16-acre surface area & 200meg. capacity, smaller holding dams and a 26-meg Water Allocation. The lake has extensive catchment from the adjacent 10,000 acres of native bushland reserve.

The remaining resort infrastructure includes 60 powered sites, a 5-room mud-brick bunkhouse, a 3-phase power substation and a town water connection.

The home lot includes an approx. 1/2 acre vineyard planted with 26-year-old Shiraz vines. Fully irrigated, the vineyard yields around 50 to 75 dozen bottles each year.
Next to the vineyard is a massive 11m x 5m x 6m insulated shed on a concrete slab with four roller doors and power with water and toilet connected.

Enjoy walking or cycling to enjoy a coffee or meal in nearby Axedale via the O'Keefe Rail Trail as it passes the front of the property. Immerse yourself (and your guests) in the sights and sounds of the native wildlife in the adjacent bush habitat, or enjoy serene evenings observing the birdlife on the lake.
Whether you envision value-adding improvements or wish to maintain a relaxing lifestyle, this property is brimming with potential. Given its proximity to Axedale and substantial land size, it's an opportunity not to be missed.