Located in the heart of Neerim South only a short stroll to the town centre, this superb 4.5 acre parcel provides the perfect blend of tranquil garden and useable paddock space ideal for a pony. The eclectic garden is secluded and private and provides year round joy. There is a lovely observation deck located in the heart of the property ideal for entertaining. The home is far more than just a cottage as you will see when you enter via the main lounge featuring open plan living, local bluestone feature wall, spectacular cathedral ceilings and the ambient solid fuel heater. Downstairs also houses the well equipped kitchen that, provides ample storage with a lovely mix of cupboards & drawers & walk in pantry, formal dining, separate study and robed master bedroom with full ensuite. The upstairs wing lends itself to BnB style accommodation providing open plan living with kitchenette, 2 robed bedrooms family bathroom & a superb deck suspended within the gardens. Outside, the barn provides car accommodation, workshop, garden storage and features a sink & toilet. The separated paddocks provide a lovely blend of shelter trees and cleared areas ideal for varied stock with the bonus of a pony shelter. Zoned Residential the property provides option for further subdivision STCA and the bonus of town water. There is also a rain water tank.