To enquire, please email or call 1300 815 051 and enter code 4242 A unique opportunity exists to generate both immediate rental income and future development profit, just one hour from Melbourne, in the thriving food and wine district of Heathcote. On offer is a stunningly renovated 2 bedroom period cottage, originally owned by William Henry O’Neill, the first publican of Heathcote. The cottage oozes charm and sophistication, and would be just perfect as an Airbnb or long term rental in a local market screaming for supply. The cottage consists of two delightful bedrooms, an open fireplace, stunning polished original floorboards, a gorgeous brand new bathroom with walk-in shower and a Japanese Ofuro soak bath; as well as a modern kitchen, separate meals area and cosy lounge. With award winning fine dining at Chauncey, local microbrewer Palling Bros, and a host of cafés and bakeries all within 5-10 minutes walk, not to mention dozens of glorious Heathcote wineries, this is a sought after location for visitors and locals alike. Outside is an established low maintenance garden with no grass to mow, just a private courtyard to enjoy some fine local Shiraz and read a book. There are two off street parking spots and a pretty picket fence giving great street appeal. At the rear of the block, planning permission to add two additional blocks of land is in the final stage. So not only can you generate immediate rental income but you can finalise the development and reap rewards from the land sale. Rental has been appraised at $350pw and blocks of land appraised at $200k each when fully serviced. Take the opportunity to downsize and make this sweet cottage your forever home, or build your own little country hideaway on one of the blocks, the choice is yours. Make your move now! To enquire, please email or call 1300 815 051 and enter code 4242