8537 Princes Highway, Allestree VIC

• ACREAGE/SEMI-RURAL
• 3 bedrooms
• 1 bathroom
• Approx 15 Acres

Potential Abounds Just Minutes To Town

Conveniently positioned just minutes (approximately 2.6km) from town, this exceptional 15-acre (6 hectare) lifestyle property offers space, privacy and enormous potential. Lovingly held by the current owner for 42 years, the original homestead is now ready for its next chapter.
Set well back from the highway and nestled amongst mature trees, the property enjoys a peaceful, private setting. While the charming weatherboard home does require quite a bit of work, it presents a wonderful opportunity to renovate and personalise to your own taste — securing the lifestyle dream at an achievable price point.
For the savvy buyer, there’s also the exciting option to live comfortably in the existing home while building your dream residence further back on the property (STCA). Power is already available behind the home, previously servicing an old shed, making future plans even more appealing — especially with the potential to capture sweeping ocean and town views.
The home retains its original bullnose verandah, the perfect place to sit and enjoy the abundant birdlife and wildlife that frequent the property. Inside, you’ll find a spacious formal lounge, combined dining and kitchen area with a partially updated kitchen, a generous mudroom and three bedrooms - two of which are king-sized. A new gas heater has recently been installed.
The land itself is well set up, with near-new electric fencing dividing it into three paddocks. Water supply is plentiful, supported by rainwater tanks and a 20-foot-deep bore with drinkable water. Established fruit trees are scattered throughout the property, while the remainder offers a blank canvas for further landscaping or improvements.
Yes, the home needs some TLC — but at this price, in this location, and with this scale of opportunity, the potential here is undeniable.
A rare chance to secure acreage close to town and create something truly special.

NB: Boundary lines are an approximate only.

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