Having entered the property market for the first time in almost 40 years, this remarkable residence sits on 10.5 (approx) tranquil acres in one of Mount Martha’s premier locations.
This one of a kind property is filled with surprising features and has to be viewed to be appreciated. It resides high on top of Mount Martha and boasts magnificent views of Martha Cove and the rural surrounds. There are also additional income earning assets which can be included in the purchase if desired. (More information below).
The unique bluestone home contains not only five bedrooms and 4 bathrooms but there is also a study and large dividable rumpus room. There are ample living zones and full length verandas. There is also scope for further expansion in the sizable attic should the new owners require additional rooms.
There is a plethora of heating/cooling options with in floor slab heating, open fireplace and air conditioning. There is also a ducted vacuum cleaning system.
Outside, driveways provide easy access to the multiple garages and the immense builder’s workshop, which has provided additional income. At 176m2 this workshop would be ideal for home industry or many other purposes. It is separately metered, contains a lunchroom, washroom and toilet facilities and is connected to three phase power.
But wait, there is more! In addition, privately positioned at the side of the property, screened by trees and with its own independent main road access is a commercial swim centre currently operating as a swim school. Council rated separately, this investment alone is worth over one million dollars due to its high rental return. At the conclusion of the current lease, this magnificent pool centre will be available for the new owners to utilise as they please. Alternatively, the lease and its associated benefits could be transferred to the new owners by negotiation.
The land itself is beautiful and interesting. Large established trees create a play of light and shadows, making the property both intensely private and immensely inviting. It is not uncommon to see the occasional wallaby grazing in the paddocks, or koalas lazing in the native gum trees. As well as mains water there are also underground tanks and dams.
Other possible uses for this property include a bed and breakfast, outdoor recreation facility, agriculture or health resort (S.T.C.A.)
Opposite a delightful park, this property is position perfect, only minutes from pristine beaches, shops, schools and the newly constructed Peninsula Link freeway.
Do not delay! With a prestigious rural location this home is sure to meet the needs of a most discerning family, and once sold it might remain unavailable for another 40 years.
Property Code: 367