52-70 Melaluka Road, LeopoldVIC

Poised on the western boundary of the thriving town of Leopold, this 28.5 acre approx. property is surely destined for greater things. Currently, the substantial block boasts a solid brick, 4-bedroom family home and a number of established outbuildings as adjuncts to the appealing rural lifestyle. But it also presents a rare and enticing investment opportunity.
At the end of a long drive, with cleared paddocks either side, the home welcomes you with a large open lounge/dining/kitchen, four bedrooms - one with ensuite - family bathroom, poolroom, laundry and carport. While gas-ducted heating, a slow-combustion fireplace and ceiling fans keep everything comfortable throughout the year. It's perfectly liveable now, but there's certainly room for renovation too.
The present owners have proudly trained show horses for many years, so the property incorporates ten well-equipped stables, a circular training yard, and a show arena. Presently there are five horses in residence, so if horses are a consuming passion, this property could be for you.
Nearby, there's a workshop/garage with room for four vehicles, a hayshed, and a large storage/machinery shed.
The relaxed rural lifestyle that's on offer is complemented by the property's handy proximity to Leopold's busy retail hub, Gateway Plaza, and its latest additions of Bunnings, Kmart and Aldi stores. Plus the Bellarine's numerous tourist attractions and coastal townships are all within easy reach by car. A trip to Geelong takes just fifteen minutes - and Melbourne's only an hour away.
But of course the real buzz is the likelihood that the land will be rezoned for residential subdivision (STCA) in the near future. So as an investment prospect, this one's a real keeper.
Four Bedroom brick home on approx. 28.5 acres with numerous outbuildings Comfortable family accommodation - room to improve Comprehensive horse stables and show training facilities Garaging for multiple vehicles and generous storage sheds Easy access to exciting new retail additions at Gateway Plaza Potential for future residential subdivision (STCA)