Looking to create that idyllic rural lifestyle, the peace and privacy of country living without being isolated from town services, then this could be the perfect package. Only minutes from Neerim South, the approximate 20 acre holding has an elevated aspect with glorious views across the township and picturesque countryside. Mostly level, the acreage is suitable for horses, cattle or other livestock, divided into two large paddocks plus a smaller pony paddock with good boundary fencing. Magnificent blue gums and a stand of Cyprus provide shelter from the elements. Improvements include: . Circa 1950's three bedroom weatherboard farmhouse . Steel garage and workshop with a concrete floor and power . Three bay hay shed . Sundry storage shed . Cattle yards with loading race at the roadside Water is provided by town connection, a real bonus, plus multiple tanks. Comfortable to occupy and worthy of refurbishment, the farmhouse includes a charming sitting room with decorative ceiling panel, fireplace and picture rails, cosy kitchen/diner with a combustion cooker and walk-in larder, central bathroom, laundry and enclosed rear porch. The bathroom has been refreshed and has a shower, toilet and vanity unit, provision for an additional toilet is found in the laundry. An inbuilt solid fuel heater in the living room fireplace and an air conditioner in the main bedroom provide temperature comfort. Mature gardens are found within the house yard, a mix of European, native and fruit trees, roses, flower beds, a quaint gazebo and ornamental pond. With a number of superb level home sites, there is also the option of starting afresh and building that bespoke dream home to take full advantage of the marvellous outlook (STCA). Whether it's a renovation project or a full scale lifestyle vision, this truly is a golden opportunity.