128 High Street
Lancefield, VIC 3435

“Heathfield” is a tastefully renovated residence situated on approximately 3.1 acres (1.263 hectares) of residential land, offering a unique opportunity for development and investment with current planning permission to subdivide into nine allotments. This property presents a rare chance to acquire a home with extensive land and subdivision potential, where much of the planning work has already been completed, easing the path for future development.

The home itself has been beautifully renovated, showcasing quality fittings throughout and designed to capture stunning sunsets and panoramic views towards Mt William and the surrounding countryside. The family-friendly floor plan includes four bedrooms, with the master bedroom featuring an ensuite bathroom and a walk-in robe. The modern kitchen is well-equipped, including a walk-in pantry, and opens onto spacious, light-filled living areas that extend to a north-facing alfresco dining space. This outdoor area is ideal for entertaining, relaxing, and enjoying the scenic vistas.

Externally, the property boasts landscaped gardens, a fire pit, and a covered BBQ area, creating inviting spaces for outdoor living and social gatherings. Additionally, there is quality shedding on the property, providing excellent facilities for tradespeople or those who enjoy DIY projects. The land surrounding the home is gently sloping and offers lovely views of the nearby hills and countryside, enhancing the rural lifestyle appeal.

The subdivision permission allows for the creation of residential lots ranging in size from approximately 714 square meters to 1,128 square meters. These blocks are well-suited for a variety of buyers, including first home buyers, downsizers, and investors seeking quality land parcels on which to build. The property’s location is convenient, being a short stroll from the local primary school, main street shops, and all the amenities that Lancefield has to offer.

This is a superb opportunity for investors looking for a development project with much of the preliminary planning completed, or for those seeking a country lifestyle in a meticulously renovated home with ample infrastructure. The combination of a quality residence, significant landholding, and subdivision potential makes this property a standout offering in the Lancefield area.

Price indications are provided for both the land component and the house with land. The land component is priced from $975,000 to $1,065,000, while the house and land package is priced from $1,950,000 to $2,050,000, reflecting the value of the home and the extensive landholding.