Unlock the huge development potential of this fully serviced property. Located in the sheltered south-eastern quadrant of Daylesford township at the corner of Stanhope Street and an undeveloped section of Grant Street, it comprises 1,538 square metres of land (over one third of an acre) with a generous 25.44 metre frontage and a depth of 60.46 metres. The existing house is in need of significant renovation but is situated on the spacious garden allotment featuring mature trees, shrubs, manicured lawns, herb beds and flourishing gardens, creating a tranquil and picturesque setting. The residence is nestled into the hillside in a wonderfully peaceful area that has a true sense of country living. It is conveniently close to the Cornish Hill walking tracks and the scenic Smith's Creek with its superb Mineral Water Spring. Additionally, it's just a leisurely stroll to the Wombat Hill Botanic Gardens and the Sunday Market. The property is equipped with essential utilities, including power, water, sewerage, and natural gas connections. It falls within the Neighbourhood Residential Zone of the Hepburn Shire, making it suitable for residential development. Call Rae Corris 0408 358 772 for further information.