Discover the immense potential of this elevated property, on just under 3/4 acre in the heart of picturesque Goughs Bay. Boasting expansive water views and picturesque Mt Buller vistas at the rear, this property is poised for a transformation. The current one-bedroom dwelling remains in its original condition. Additionally, the property is equipped with rainwater tanks and a functional bore. Rarely do blocks of this size become available, presenting a unique opportunity for a discerning buyer to craft their ideal property or capitalize on the potential for subdivision (STCA), with initial planning started. Goughs Bay is a haven for Lake Eildon enthusiasts, boasting multiple concrete boat ramps, even accessible at low water levels. The boat club, currently undergoing extensive renovations, is poised to become the premier dining destination, adding to a little extra to the Bay. Contact us today to find out more information about this unique property! **Disclaimer** All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.