1 Springvale Road Lockwood South VIC 3551

Dual-occupancy Western Red Cedar homes | 21-acre rural lifestyle block | 15 minutes to Bendigo services | income or multi-family configuration | sealed-road privacy with dam and established gardens. The property’s competitive strength lies in its purpose-built dual-home configuration on a single title, a rare combination for a 21-acre parcel within commuting distance of Bendigo. Two separate three-bedroom homes linked by a breezeway offer genuine flexibility for multi-generational living, guest accommodation, or rental income without compromising privacy. The Western Red Cedar construction, established gardens, and substantial shedding add a level of finish and utility that typical rural lifestyle blocks lack. This property best serves a buyer seeking immediate dual-occupancy capability with minimal conversion cost, or an investor targeting the short-stay market near Maldon and Bendigo tourism. The primary risk is the Easy Sale format, which may compress buyer due diligence and limit negotiation leverage. The indicative price range sits above automated valuations, reflecting the dual-home premium rather than land value alone. The opportunity cost is that a conventional auction or private sale might attract a broader buyer pool, but the current process also signals a motivated seller. The 66,000-litre rainwater storage and solar system reduce ongoing costs, while the large dam and fruit trees add lifestyle resilience. Hold this property as a private retreat with income offset, or reconfigure one home for short-term letting to improve yield without subdivision.