For sale by expressions of interest closing 14th February 2022 (unless sold prior).
This unique acreage sits just beyond the fringe of St Leonards residential boundary and is a superb land-banking opportunity or rural holding.
Comprising 53.17 acres (approx) the property features a significant 4 bedroom residence set amongst a rural backdrop and is conveniently located only 3km's from St Leonard's township and beaches.
The attractive acreage features established fruit trees and multiple paddocks surrounded by shelter belts. The property could be securely watered by an impressive dam and town water supplies the residence. The property offers significant areas of both productive cropping and grazing land that will appeal to both commercial and hobby farmers.
The home is in very good original condition and is around 50 years old, creating a second storey addition would open up incredible district and Swan Bay views.
Storage for vehicles and farm machinery is well catered for by the abundance of shedding including a stand alone 216sqm (23.5m x 9.5m approx.) shed present at the end of the driveway.
Currently zoned farming zone this is a unique land bank opportunity in one of the Bellarine's fastest growing townships.
The size of St Leonards is approximately 28.5 square kilometres. It has 13 parks covering nearly 9.9% of total area. The population of St Leonards in 2016 was 2480 people. By 2021 the population was 3542 showing a population growth of 42.8% in the area during that time. The predominant age group in St Leonards is 60-69 years. Households in St Leonards are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in St Leonards work in a professional occupation.In 2021, 73.30% of the homes in St Leonards were owner-occupied compared with 71.60% in 2016.
St Leonards has 5,635 properties. Over the last 5 years, Houses in St Leonards have seen a 15.89% increase in median value, while Units have seen a -0.57% decrease. As at 31 March 2026:
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