38 Manzanillo Avenue
Moama, NSW 2731

Overview

5 Acres with Great Returns

This exceptional property is set on five acres of beautifully maintained gardens, centered around a peaceful ornamental lake, offering a unique combination of elegance, tranquility, and potential. Formerly the site of the Stevens Brook Estate Vineyard and Cellar door, it evokes the charm of a Tuscan retreat, blending luxury with rustic appeal. It is ideal for those seeking a dream home or a lifestyle investment, providing opportunities for both personal enjoyment and business ventures.

The main residence is a showcase of superior craftsmanship and thoughtful design, constructed from enduring Mt Gambier limestone. The interiors are bright and welcoming, featuring immaculate parquetry floors that flow throughout the home. It includes three generous bedrooms, with a master suite that offers a private retreat complete with a luxurious ensuite and walk-in robe. A dedicated study overlooks the serene waters, providing an inspiring workspace for remote work or study.

A pre-approved Development Application Consent is included, allowing for a significant extension that would add two additional bedrooms, a bathroom, and a new living area overlooking the pool, enhancing the spaciousness and functionality of the home.

The heart of the residence is the gourmet kitchen and meals area, equipped with granite benchtops, premium appliances, and a walk-in pantry to meet all culinary needs. Two adjoining sitting areas create perfect spaces for entertaining or relaxing, complemented by a well-appointed bar ideal for social gatherings. Comfort is assured year-round with ducted gas heating and evaporative cooling. Multiple outdoor living areas offer stunning lake views or poolside access, enhancing the lifestyle appeal. The heated magnesium pool provides a luxurious setting for relaxation and enjoyment.

In addition to the main house, the property includes two separate dwellings designed for guests or income generation. The first is a spacious two-bedroom unit with an open-plan kitchen, living, and dining area, a bright bathroom, and a private outdoor entertaining space. This unit is currently rented on Airbnb for $190 per night with a two-night minimum stay, generating approximately $40,000 annually. The second is a cozy one-bedroom self-contained apartment with electric cooking, a comfortable living area, and a secluded patio, rented permanently for $1,200 per month ($14,400 per year). Adjacent to this apartment is a fully insulated shed, formerly used for wine storage, now converted into a versatile man cave suitable for hobbies or gatherings.

The estate also features extensive outbuildings, including a large machinery shed with concrete flooring, three-phase power, a wash bay, and its own shower and toilet, offering vast potential for various projects. A four-car carport provides ample parking. Outdoor entertaining is enhanced by a picturesque island with a fire pit and BBQ area, as well as a charming rotunda. The expertly maintained gardens are supported by an automatic watering system, creating a peaceful and inviting environment. Fishing in the lake adds to the recreational opportunities.

This property represents more than a home; it is an investment in lifestyle and opportunity. Mature olive trees on the grounds are ready for harvest, allowing for olive oil production. The additional dwellings offer potential for Airbnb income, and the grounds are suitable for hosting weddings and special events, providing further revenue streams. Future subdivision of the land is possible, offering the chance to create and sell individual allotments.

Whether you desire a luxurious residence, a business venture, or a combination of both, this property offers limitless possibilities. It is a masterpiece of privacy, beauty, and potential, providing much more than just a place to live.

For offers, please visit the provided link to the property platform.

Location