23 Melrossa Road Traralgon VIC 3844

Discover an extraordinary opportunity to own a magnificent property that seamlessly combines luxurious family living with outstanding development potential. S ...

Discover an extraordinary opportunity to own a magnificent property that seamlessly combines luxurious family living with outstanding development potential. Situated on a prime 5-acre allotment within the General Residential Zone and part of the Traralgon East Precinct Structure Plan (PSP), this residence offers immediate lifestyle benefits and promising future rewards. With approximately 36 squares of living space, this expansive home comfortably accommodates large families. An impressive entrance features high angled ceilings and abundant natural light streaming through extensive windows. Tasmanian Oak polished floorboards add warmth and elegance to the entry, lounge, and family rooms. The home offers four spacious bedrooms with built-in robes, while the master suite includes a walk-in robe and an ensuite for added luxury. A dedicated study on the mezzanine floor provides a quiet workspace, and a children's retreat on the first level offers a perfect haven for younger family members. The entertainer's kitchen flows seamlessly into living areas that extend to two decked outdoor spaces overlooking beautifully landscaped gardens—ideal for hosting gatherings or enjoying peaceful moments. For horse enthusiasts, the property includes quality stables and grazing paddocks, combining residential comfort with rural charm. A carport over the front entry ensures convenient access, and a substantial shed with open and enclosed bays provides ample storage and workspace. Prime Location with Exceptional Growth Potential Strategically located just minutes from the town centre and adjacent to established residential housing, this property offers unparalleled convenience. Proximity to esteemed educational institutions like Traralgon Secondary College and Liddiard Road Primary School enhances its family appeal. Traralgon is experiencing significant growth, with a projected population increase of 236.16% from 2021 to 2041.Furthermore, the median house value has risen from around $350,000 in mid-2019 to approximately $550,000—a remarkable 76.29% increase over five years—indicating strong potential for future appreciation. This rapid development and the ongoing need for housing make investing in this property a strategic move toward high returns and a wonderful lifestyle Excellent Investment Opportunity As part of the Traralgon East PSP and within the General Residential Zone, the property holds significant potential for subdivision and development (subject to council approval). Traralgon's rapid population growth, increasing property values, and ongoing housing demand make this an ideal prospect for investors seeking substantial returns. By investing in this property, you're positioning yourself to capitalize on the region's growth while enjoying a wonderful lifestyle. Don't Miss This Unique Opportunity This exceptional property offers a rare blend of luxury living, equestrian facilities, and outstanding development prospects in a thriving community. It's a must-see for those seeking an excellent location, quality lifestyle, and significant investment potential. For all inquiries or to arrange a private viewing, please contact us. Key Features: • Total Land Area: 5 acres • Living Space: Approximately 36 squares • Zoning: General Residential Zone • Development Potential: Part of the Traralgon East PSP • Investment Appeal: Excellent investment opportunity in a high growth area (STCA) • Residence: 4 spacious rooms with built-in robes; master with ensuite and walk-in robe, study on mezzanine floor; children's retreat on first level • Climate Control: Ducted heating and air conditioning • Outdoor Spaces: Two decked entertaining areas overlooking gardens • Equestrian Facilities: Quality stables and grazing paddocks • Parking and Storage: Carport and large shed with open and enclosed bays