Positioned in just minutes from the CBD this block has the potential to be subdivided into approximately 16 blocks subject to council approval. The land area is approximately 1.509 Ha / 3.73 acres and offers a large three bedroom home with an open plan kitchen that overlooks a family room that opens out into a covered pergola area. There is separate lounge room plus a rumpus room for the children to play. The property has a large family bathroom and there are two separate toilets. Outside there are three rain water tanks connected to the house plus an electric bore for the gardens and pets. The land is divided into several paddocks suitable for horses. Currently rented at $425 per week. Are you are looking for an investment opportunity to add dollars to your retirement? Then call Peel Valley Real Estate to arrange an inspection as opportunities like this one are hard to find.