Offering dual occupancy for a multi generation family and extensive sheds for the tradesperson, large vehicles, storage or workshop needs, all in a picturesque rural setting three minutes' drive from town, this approximate five acre holding is a unique opportunity.Zoned low density residential, potential for future subdivision or redevelopment adds an investment element.Extensive and versatile improvements include: Dwelling one - four bedroom, two bathroom brick veneer home Dwelling two - five bedroom, two bathroom brick veneer home 18m x 9m high clearance shed with side sliding doors plus a roller door 12 x 11m partitioned shed with sliding doors either end - ideal for van storage Disused dairy with steel stockyards, loading race and crush Multiple tanks Miscellaneous wood/garden sheds and a kid's cubby house Securely fenced above ground swimming pool with current council permitBoth sheds and the dairy have a concrete floor and power with surrounding hard stand for large and heavy vehicles.The level to undulating acreage is well fenced with two main paddocks, ideal for a pony or other livestock.Dwelling one features two living areas, spacious modern kitchen, main bedroom with a generous walk-in robe and ensuite, three secondary bedrooms with inbuilt robes, family bathroom, separate toilet, laundry and a partially enclosed alfresco,.Also URL is an oversized double garage with internal access and an adjoining storeroom or workshop with a rear roller door.Well appointed, the kitchen has an Electrolux five burner gas cooktop, wall oven, Bosch dishwasher, fantastic storage including a walk-in pantry and loads of drawers together with a large breakfast bar.Dwelling two, a substantial home with a relaxed country vibe includes a timber kitchen/diner with practical slate flooring and a solid fuel heater, two spacious living areas, the main bedroom with a walk-in robe and ensuite, four good size secondary bedrooms all with inbuilt robes, family bathroom and a laundry/mudroom.A semi-enclosed double carport has direct entry to the laundry.The kitchen features an updated 900mm Glem stainless steel cooker, dishwasher and a pantry.Both dwellings include ducted air conditioning, automated external shutters on most windows and a toilet with hand basin accessed from outside, dwelling two also includes an additional shower.A 6.2kw solar unit on dwelling one and a 2.2kw unit on dwelling two reduce energy costs.The property is located on a quiet, sealed country road 1.5km from the shops, schools and amenities of Neerim South and less than 20 minutes from Warragul, Drouin and the freeway.With versatile accommodation for an extended family, fantastic sheds, a peaceful rural backdrop and idyllic countryside views, this could be the property you have been looking for.
The size of Neerim South is approximately 63.9 square kilometres. There are 9 parks, covering nearly 1.3% of the total area. The population of Neerim South in 2016 was 1305 people. By 2021 the population was 1599 showing a population growth of 22.5% in the area during that time. The predominant age group in Neerim South is 60-69 years. Households in Neerim South are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Neerim South work in a managers occupation.In 2021, 86.20% of the homes in Neerim South were owner-occupied compared with 82.90% in 2016.
Neerim South has 1,004 properties. Over the last 5 years, Houses in Neerim South have seen a 7.75% increase in median value, while Units have seen a 27.95% increase. As at 31 July 2026:
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