23 Addison Street, Neerim South | 6,131m2

Already approved 2 lot subdivision, most of the work has been done.

An opportunity to secure a substantial residential holding in the heart of Neerim South, offering an custom-designed family home, excellent shedding and significant long-term investment potential.

Set on 6,131m2 the property comes with a current planning permit for a two-lot subdivision, providing purchasers with the opportunity to enjoy the property today while considering the future value of the land.

The approved subdivision layout proposes an allotment of approximately 2,162m2; incorporating the existing residence, together with 3,970m2; vacant residential land with potential to subdivide 5 lots (STCA), consistant with Neerim South township plan, presenting an attractive opportunity for buyers looking to land bank, develop or potentially realise value from the land over time.

Home Allotment 2162m2 approx
4 Bdrm- 2 Bath- Garage & Shed
Designed specifically to suit growing families and local area, maximising north facing natural light with rural views. This four-bedroom residence offers generous proportions and a practical floor plan.
The open-plan kitchen, dining and living area enjoys attractive views across the property and surrounding countryside, with a second spacious living area providing flexibility for families.
The privately positioned main bedroom includes a walk-in robe, ensuite and adjoining retreat or study, creating an ideal space for those working from home. Three additional bedrooms with main shared bathroom.
A large covered outdoor entertaining deck extends the living space, providing an inviting place to relax and enjoy the peaceful setting. Comfort is well catered for with wood heating, split-system heating and cooling, ceiling fans, solar panels and ducted vacuum.
Excellent Shedding & Room to Move
A substantial barn-style shed provides valuable workshop, storage and studio space, making this property particularly appealing to tradespeople, hobbyists or buyers requiring additional room for projects and equipment.
Combined with the generous grounds and established township location, the property offers the flexibility of a larger landholding without sacrificing the convenience of living in town.

Vacant Land Allotment 3970m2 approx
Ready to further subdivide into 5 residential lots (STCA) or build your dream home. Endless possibilities if your looking to find opportunities.

Property Features;
- 6,131m2 residential zoning.
- Current planning permit approved for a two-lot subdivision.
- Proposed allotments of approximately 2,162m2 and 3,970m2
- Potential to investigate further residential subdivision of the larger allotment (STCA).
- Quality four-bedroom, two-bathroom home.
- Two generous living areas plus study or retreat.
- Main bedroom with walk-in robe and ensuite.
- Covered outdoor entertaining deck with attractive views.
- Substantial barn-style shed with workshop and additional storage/studio space.
- Wood heating, split-system heating and cooling, ceiling fans and solar panels.
- Established Neerim South township location.

For families wanting space, tradespeople seeking a home with substantial shedding, or investors recognising the potential of residential land within an established township, 23 Addison Street offers flexibility rarely found in a single property.

Live in the home, make use of the land and shedding, or explore the existing subdivision approval and the possibility of further residential development over time.

An opportunity to secure a quality home today with the potential to create value for tomorrow.

Contact Jackie Shearer to arrange an inspection and obtain further information, including the current planning permit and subdivision plans.

*The property is offered for sale in its entirety on the existing 6,131m2 title. The current planning permit allows for a two-lot subdivision, subject to its conditions and statutory requirements. Any further subdivision would require separate planning approval. All purchasers should make their own enquiries.*