14 Chaffey Park Drive, Merbein VIC 3505

Possibly Merbein's best development opportunity is on offer right now!

Just under 5 acres of prime residential land in a sensational location.

The property includes the double storey homestead and a single bedroom unit with cleared land and paddocks making up the remainder of the property.

Allowing for the dwellings to stay provides a proposed 13 lot plan of sub-division which was previously stamped for approval.

Alternatively, the dwelling could be removed to allow further subdivision potential or full use of the allotment if required.

Or perhaps you're just looking for the perfect rural lifestyle property to call home, then inspection will not disappoint!

Investors can expect a rental return of $450 per week for the main dwelling.

Contact Naomi Darby on 0428 236 480 for more information.

Outgoings:
Water rates - $181 per quarter
Council rates - $2432 per annum

Land Size: 4.6 Acres

Circa: 1996

Solar: 10.3kw