735 Anglesea Road Freshwater Creek VIC 3217

Rare 5-acre semi-rural lot | 1965 brick home needing TLC | Bushfire Management Overlay | Zoned for regional schools | Large sheds and workshop This property offers a rare and competitively strong semi-rural holding on a substantial five-acre parcel, providing immediate seclusion and space uncommon in the area. Its core value is in the land, with the solid brick house serving as a functional base for acreage-seeking families or those wanting extensive outbuildings, though it requires renovation. The established dam and multiple sheds present a clear utility for hobbies or passive income, positioning it for buyers prioritizing land size over modern home finishes. The primary decision mechanism is balancing the land premium against renovation costs and bushfire construction obligations, which will impact future development and insurance. Its rental listing indicates existing demand for large rentals, suggesting a hold strategy with renovation to improve yield. For a precise valuation and to navigate locality risks like bushfire controls, a tailored property report is essential.