Offering an exceptional blend of lifestyle, space and future potential, this well-maintained brick home is privately positioned on approximately 3.64 hectares (8.81 acres) in the heart of Dereel.

The spacious home features four bedrooms, including an expanded master with parents' retreat, a well-appointed updated kitchen, updated bathroom and three generous living areas, including a light-filled conservatory capturing impressive 270-degree views across the established gardens and property.

Outside, the improvements are equally impressive, with a 7m x 12m powered workshop, 6m x 9m double garage/workshop, and 7m x 12m timber barn with mezzanine, together with greenhouse, woodshed and post-and-rail day yard and shelter.

The property is well fenced into four paddocks and benefits from town water, four rainwater tanks totalling approximately 13,500 litres, and reticulated water to paddocks and gardens. Established fruit and olive trees, landscaped gardens and a mix of cleared areas and native timber complete the setting.

A major feature is the property's Township Zoning, combined with access from both Colac-Ballarat Road and Swanson Road, providing an exciting opportunity to investigate future subdivision or development potential, subject to council approval and all relevant planning requirements (STCA).

Whether you're seeking a spacious family home, hobby farm, equestrian property, substantial workshop facilities or an investment with future potential, this property offers an outstanding combination of lifestyle and opportunity.

A rare Township Zoned holding with exceptional improvements and genuine future potential - inspection is highly recommended.

Ballarat's Best-Selling Team