145 Riccarton Road, Warrion VIC 3249

Rural lifestyle block | extensive workshop & sheds | productive paddocks | 15 mins to Colac This property presents a compelling proposition for a specific buyer seeking a turnkey rural lifestyle with significant infrastructure. The extensive shedding, particularly the large workshop with living quarters, combined with fully set-up paddocks and stock yards, creates a rare and valuable package. It is ideally suited for a tradesperson, hobby farmer, or equestrian who requires substantial operational space without sacrificing residential comfort, positioning it well above a standard rural house. The primary consideration is the significant premium asked relative to the estimated market value, indicating a pricing risk that must be justified by the unique improvements. The commercial logic lies in the immediate utility of the infrastructure, which would otherwise require substantial capital and time to replicate. This property should be acquired only if the specialised sheds and land setup are essential to your use, as they are unlikely to be fully capitalised in a general sale, making it a long-term hold for an owner-occupier who will utilise its full functionality. Recent comparable sales data for the immediate area is limited. The property itself last sold in 2013, with no price disclosed, which restricts precise benchmarking. This lack of fresh, direct comparables necessitates a more conservative valuation approach, heavily weighting the cost to replicate its extensive improvements rather than relying on recent market evidence.