Property Details: • Type: Vacant Land

• Bedrooms: 0 • Bathrooms: 0

Description: An outstanding opportunity has arisen to secure a 5 acre parcel of land located at 111-119 Old St Leonards Road, St Leonards. Situated approximately 2.7km from the idyllic, coastal township of St Leonards this property offers the ideal location to build your dream lifestyle home or offers a savvy investment as a land-bank opportunity. This beautiful acreage totals 2.02 hectares and is less than 400m to the current residential boundary of the St Leonards township. Boasting a 95.7m approx. frontage to Old St Leonards Road and located less than 3km to the picturesque beaches of Port Phillip Bay this fabulous property offers a lifestyle filled with recreational activities in this vibrant holiday destination. Consisting of flat land the property is fully-fenced and has a shelter-belt of trees on three boundaries. While no current agreements are in place, the property offers the potential to earn passive income through agricultural leasing or agistment. With lifestyle properties becoming popular on the Bellarine Peninsula and the potential for future upside as a land-banking opportunity (STCA) this property's credentials stack-up under any analysis. Be sure to secure your lifestyle dream in peaceful St Leonards. Zoning: Rural Lifestyle