195 Waterholes Road Granite Rock VIC 3875

Situated less than a 15 minute drive from Bairnsdale, this property of about 49 acres has been tightly held by the one family for many years. The property is now ready for its next chapter and represents a great opportunity for buyers to acquire an acreage of this size and wanting a project to improve it and add value. There is a good financial upside too if you have the ability to keep costs down by doing most of the upgrades yourself as it would ideally suit someone having building/trade experience or have friends and family that can assist with renovations and reinstating old fences should you wish to keep stock.

The timber house has an open plan living area incorporating dining and kitchen. There are three bedrooms with a renovated bathroom connected to the main bedroom. With a front verandah facing northeast you can enjoy morning coffee and lunch in the sunshine listening to the calls of the local birds. There is considerable shedding to store vehicles, trailers, general gear and lock up workshop areas as well. There is even an old style stable!

Near the house you will find a dam ideal to sit at under the shade of a tree while you read a book or look across the property. The land is a mixture of mostly natural bush and two semi-cleared areas that are currently parklike that could be pasture improved and fenced for stock. Several other dams are scattered through the property providing water for stock and native animals. Bitumen road to the property and mains electricity and tank water are connected.

NOTE: Should your require a bank loan, please ensure you have first spoken to your lender/broker as the property is classified for planning purposes as Farming Zone 1 and being almost 20ha in size, there may be some lending restrictions regarding the suitability as security or they may insist on a lower loan to value ratio affecting your ability to obtain sufficient funds for purchase.

***Intending purchasers are advised to contact their solicitor and accountant in regard to if GST is applicable on sale price***

For further details and an inspection contact Dennis van Reyk on 0409 524 780.

Property Code: 124