Overlooking the beautiful South Riana Dam this property has potential plus! Designed as an irrigation and recreational dam, you'll be able to fish, paddleboard or kayak around its 2km circumference. The outlook is stunning and the property features its own little dam and 5 acres of near flat fertile land. The owner has been running some sheep and calves, however the soil is also suitable for your vegie gardens and fruit trees. A home of 4 bedrooms is ripe for a renovation! A good-sized lounge has a northerly aspect, a great view of the dam (more like a lake!) and features a wood heater and heat pump. 15 mins to Penguin, 3 mins to the South Riana IGA, bottle shop, post office and fuel, school buses nearby. Contact the listing agents, Colin or Jodi to arrange a private inspection. Disclaimer: While Harcourts Ulverstone & Penguin has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers need to take such action as is necessary, to satisfy themselves of any pertinent matters.