49 Landsman Drive, Nicholson VIC 3882

3 beds, 2 baths on 1.31 acres | semi-rural East Gippsland setting | recent build on former vacant land | price guide under independent valuation. This property offers a rare configuration in the Nicholson market: a modern three-bedroom house on a substantial 1.31-acre parcel, effectively combining new dwelling standards with genuine semi-rural landholding. For a buyer seeking space without the compromises of older rural stock, this represents a competitive positioning where supply is limited. The history as a vacant land purchase before the dwelling was built suggests the house is recent, reducing immediate maintenance risk. The property best suits families or downsizers wanting acreage within commuting distance of Bairnsdale, or investors targeting the growing demand for lifestyle properties in East Gippsland. The primary risk is that the price guide sits below the estimated valuation range, which may indicate the seller is pricing for a quick sale or that the property has a less desirable aspect or access. Buyers should verify whether the land has any easements or future development constraints, as the previous vacant land status can sometimes mask subdivision potential or restrictions. The opportunity lies in acquiring a near-new home on acreage at a discount to replacement cost, with FTTP internet as a supporting value add for remote work. For a buyer, hold this as a long-term lifestyle property or consider it for future subdivision if zoning permits.