Exceptional opportunity to acquire this 20 acre historical property on the Bellarine Peninsula. The spacious homestead overlooks the rise towards The Heads of Port Phillip Bay, offering two street frontages the property would ideally suit horse enthusiasts. The tree lined gravel drive gives the feel of entering a relaxing country estate. The property is divided into paddocks tailored for horses and the paddocks are serviced by water troughs with fencing and gates in good order. This unique acreage sits just 4.5km's from the township of St Leonards residential boundary and only 6km's to Drysdale and is a superb land-banking opportunity or rural holding. Comprising 19.8 acres (approx) the property features a significant 4 bedroom residence set amongst a rural backdrop with stunning water views to Swan Bay and beyond. The attractive acreage features established trees and dams plus multiple paddocks surrounded by shelter belts. The property offers significant areas suitable for cropping and grazing land that will appeal to both commercial and hobby farmers. The property hosts buildings of yesteryear; there is the old dairy shed, a large machinery shed complete with hay loft, large workshop area, feed storage / equipment section, large free standing hay shed, and a rustic shearing shed. Setback from the road at the end of a tree lined gravel drive is the spacious homestead. Currently zoned farming zone this is a unique land bank opportunity in one of the Bellarine's fastest growing townships.