Attention to all potential buyers. To ensure the transparency on the sale of 369 Coolart Road, Somerville, we have listed a number of answers to the potential buyers on the property.

OPEN FOR INSPECTION
We have two opens commencing Saturday 30th May, 12pm-1pm and Wednesday 6pm-6.30pm before calling the Auction on Saturday 7th May. This is at the Vendor's instructions.

PRIVATE INSPECTIONS
Due to the Vendor's request, unfortunately we cannot conduct any private inspections. As such, all purchasers are in the same position. We strongly recommend any due diligence on building and pest is conducted and organised on the two scheduled open for inspection times.

PRICE INDICATION
Due to the substantial change in expectations from the Vendor, we have now moved the advertised price to $890k+. This is under the instructions of the Vendor.

OFFERS PRIOR TO AUCTION
Following the Wednesday 4th May open for inspection, we will allow purchasers to submit their best and final offer by Thursday 5th May @ 5pm before presenting to the Vendors for consideration. A multiple offer form will be available on each open for inspection day. Should the Vendor decide to proceed with the Auction, the Auction will be conducted on Saturday 7th May. No offers will be accepted prior to Thursday 5th May.

SECTION 32 - AUCTION CONTRACTS
Please note Section 32 and Auction Contracts are currently being prepared and will be available on the first open for inspection scheduled for 30th April 2016.

GRANNY FLAT
The two bedroom self contained unit has a 'temporary permit' by the Council. The Vendor understands that the temporary permit will be void on settlement. As such, the purchaser will not be purchasing subject to tenancy. Please ensure you consult the council as part of your due diligence.

COUNCIL PERMIT
The purchaser can look to reapply 'STCA' to retain the two bedroom self contained unit. Should a purchaser wish to secure the property with the view of providing accommodation for their parents, an application to the Council will need to be submitted. If the permit is not granted, the Council at any time can request the new purchaser to remove the self contained unit at the expense of the purchaser. We highly recommend you gain advice by the Council or your Conveyancer on this matter.

SEPTIC SYSTEM
The Vendor has stated the septic system needs replacing and will be at the cost of the purchaser. We believe this could cost anywhere between $10,000-$15,000 or potentially higher. We strongly recommend you obtain your due diligence from the Council, its requirements and assessment during the open for inspection.

NOT INCLUDED IN THE SALE
- Spa is not included in the sale of the home.
- Electric fence power unit not included.
- Shade sails on pool area not included.
- Wine racks in garage shed.

MARKETING ADVERTISEMENT

Unveil this once in a life time opportunity to secure the ultimate lifestyle set amongst a private and rural setting, you will be welcomed to this property by a long meandering driveway leading to a single storey 5 bedroom plus study brick veneer residence, with your eye wondering to the right of the property to a large enclosed equestrian arena plus stable zone, only the start of what this exceptional land holding has to offer.

Situated on 2.5 acres, approximately, the family home presents itself with combination flooring of tiles to the entry, opening out to a vast living area adjacent a central functional timber kitchen offering ample cabinetry and storage space, a wall oven, dishwasher and double stainless steel sink overlooking a resort style pool area. Also off the living area is the convenience of a separate study with paneled bi-fold doors.

Seamlessly transitioning to the dining area and light-filled front lounge on floating floorboards, boasting a cosy and stately wood coonara set into an exposed brick wall and hardwood mantle.

For the bedroom accommodation, the master suite comprises a spacious walk-in robe and full ensuite with external door access to the rear yard, whilst the further 4 bedrooms with built-in-robes are serviced by a family bathroom inclusive of a bath tub and separate toilet.

From the living space, you are further indulged with a fully enclosed and undercover outdoor alfresco area spaciously equipped to comfortably cater to summer or winter entertaining. Sliding door access to the impressive in-built resort style pool and spacious paved surrounds to relax poolside and also enjoy an in-built BBQ area.

Furthermore, you will find a near new quintessential self-contained 2 bedroom weatherboard unit with a cosy veranda and separate cottage garden. To the rear of the unit and next to the fully enclosed extensive 20m x 20m equestrian arena is a champion-sized mod grass tennis court surrounded by overhead flood lights for the sporting enthusiast.

Extending out to the remaining acreage you will be further enticed by plentiful and expansive paddocks and to the front of the property a tremendous workshop/shed/vehicle/machinery accommodation; your options are endless.

This appealing property bountifully presents itself; without limitation, with the opportunity to utilise the paddocks or potentially lease out the equestrian space, the self-contained unit plus not to mention a myriad of substantial surrounding land use.

All within moments to Peninsula Link, reputable schools, public transport, local amenities, shopping precincts and only a short drive to what the beautiful Peninsula has to offer – this is definitely a diamond opportunity and must see.

Further attributes include: plenty of additional storage space, ducted heating and cooling, DLUG, established gardens, solar roof panels, skylights and down-lights.