1 Springvale Road
Lockwood South, VIC 3551

Overview

1 Springvale Road, Lockwood South, VIC, 3551

This exceptional property offers a rare dual-occupancy lifestyle opportunity on approximately 21 acres of sought-after lifestyle acreage, located close to urban conveniences in Lockwood South, Victoria. The property features two adjoining Western Red Cedar homes, thoughtfully linked by a central breezeway and wrapped in wide, shady verandahs, providing a peaceful and private setting surrounded by beautiful established gardens.

Situated just 15 minutes from Kangaroo Flat's shopping, services, and transport, this location allows residents to enjoy the tranquility and space of acreage living while maintaining easy access to city amenities. The property is ideal for families seeking multi-generational living or two households desiring independence without distance, offering flexibility and future-proofing for aging in place while keeping loved ones close.

Both homes have been meticulously cared for by the same family since construction and each offers three bedrooms, excellent storage options, and beautiful outlooks to the gardens and versatile property beyond. The dual occupancy configuration also presents outstanding potential for guest accommodation or fixed-term rental, providing an opportunity to supplement income or enhance retirement funds.

Additional features include a cost-reducing solar system, 66,000 litres of rainwater storage, fruit trees, a 5.2m x 8.6m caravan port, a spacious entertaining deck, a large dam, and a 9m x 18.4m shed with a concrete floor and power. Positioned between Maldon and Bendigo, both strong tourist destinations, the property is well placed to capture guest accommodation demand.

This property also represents a compelling opportunity for shared ownership between siblings, relatives, friends, or joint venture partners, with legal frameworks available to support co-ownership arrangements. It is a remarkable lifestyle offering with two quality homes and a wealth of possibilities for living, sharing, and earning on 21 acres.

For further information, a copy of the Due Diligence checklist is available at the Victorian consumer affairs website.

Location