This timeless early 1900s Victorian Residence, located just over 3 kms from the heart of Ballarat on the Melbourne side of town, presents as a unique opportunity for the discerning buyer with outstanding development opportunity.Situated on just over 1 1/2 acres (6500 m2) with Ballarat City Council Zoned Residential One Planning Approval, this residence has been zoned as part of a 5 lot subdivision with Titles to be issued subject to services. The residence was built in an era of charm boasting leadlight entrance doors and windows, high ceilings, large bedrooms, generous sitting reception Rooms and polished wooden floors to mention a few. An additional wing was added to the homestead approximately 8 years ago and has been recently fully renovated throughout including a boutique oak and granite kitchen, bathrooms all lovingly restored in keeping with the timeless charm and appeal of this property. The homestead is set amongst beautiful gardens overlooking a private dam with extensive outdoor decking areas. Some of the other features include an extensive Storage/Work Area (8x4mtrs), charming Cubby House, 10,000-gallon Water Tank etc. Keep your development dreams alive with extensive financial rewards.