Being offered for sale for the first time in over 35 years and boasting a stunning rural vista is this outstanding residential land holding perfectly positioned in a sought after inner town location. This expansive and sizeable 3448m² property with Two Titles and a Main Neerim Road, Neerim South address is the elusive and exclusive Development property that you have been searching for. An on-site inspection will reveal a superb building site with huge open area catering well for further subdivision options. With no restrictive Covenant on Title and offering convenient and ease of access to Town Centre, (400 metres), schools and Park land, this versatile property has so much to offer. Afforded with 22 metres Megan Street frontage and over 47 metres Main Road frontage as well as having all services, with the exception of gas available for connection, this Residential 1 zoned property is an outstanding opportunity not to be missed. Well suited to building subdivision potential for executive homes or multiple premier townhouse development site (S.T.C.A.), this property is indeed exceptional and rarely available real estate.