For Sale

First National Real Estate Neilson Partners - Pakenham

16 Forrest Drive, Nyora, Vic 3987

$1,200,000 - $1,320,000

Acreage

Type

Bedrooms

Bathrooms

Parkings

4.05 ha

Area

Published on Monday, March 16, 2026 ( See property details for 16 Forrest Drive, Nyora, Vic 3987)

$1,200,000 - $1,320,000

View the agent price guide.

Andrew Mactaggart - Real Estate Agent - First National Real Estate Neilson Partners - Pakenham

Andrew Mactaggart Sales Consultant/Licensed Estate Agent

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile acreage property in Nyora offering equine facilities, a main residence with water views, a separate office/studio, and excellent income potential.

🏡 Property Highlights

Versatile acreage property with two separate entrances
Ideal for equine enthusiasts with eight paddocks and loose boxes
Main residence featuring three bedrooms, cosy lounge with wood fire, and water views
Recently completed two-storey building suitable as a home office or potential second dwelling
Additional income from a phone tower on the property
Multiple sheds, vegetable garden, and outdoor deck with water vistas

✨ Key Features

Open-Plan Living
Outdoor Area
Built-in Robes
Garage
Outdoor Area / Balcony
Shed
Home Office / Study
Waterfront / Views
Secure Parking
Extra Storage (Shed/Linen)

Suburb and Property Insights of Nyora, VIC 3987

Nyora is a peaceful rural suburb renowned for its spacious acreage properties and equestrian lifestyle. It offers a tranquil environment with scenic water views, ample land for farming or hobbies, and convenient access to local amenities. The area is perfect for those seeking a private retreat with potential for income and lifestyle flexibility. Nyora’s community is friendly, and the region boasts a strong connection to outdoor activities and rural living.

Frequently Asked Questions

What is the layout and size of the main residence?

The main residence features three bedrooms, a cosy lounge with a wood fire, and a modern kitchen and bathroom, all set on a spacious 4.05ha block.

Can the second building be converted into a second dwelling?

Yes, the two-storey building currently used as an office has potential for conversion into a second dwelling, subject to council approval (STCA).

What equine facilities are included?

The property includes eight paddocks, most with loose boxes, a riding arena, and two dams, making it ideal for horse enthusiasts.

Is there income potential from the property?

Yes, the property benefits from additional income generated by a phone tower on the land.

What additional features are available outside the main residence?

Additional features include a double garage, carport, small sheds, vegetable garden, and an outdoor deck with water views.

What to ask about this property to agent?

Are there any restrictions or easements on the property that could affect future development or use? What are the zoning regulations and are there any planned developments in the area? Are there any known issues with the dams, paddocks, or fencing that require maintenance? Has the property been tested for flood or bushfire risks? Are there any strata or body corporate arrangements associated with the property? What are the ongoing costs for land management, council rates, and utilities? Is the phone tower lease secure, and are there any restrictions on its use or income? Are there any planning or building approvals needed for modifications or potential second dwelling? What is the condition of the existing structures, including the sheds and main residence? Are there any nearby construction or development plans that could impact privacy or views?

16 Forrest Drive, Nyora, Vic 3987 - More Details

$1,200,000 - $1,320,000

Two properties with two separate entrances are just the beginning of the potential offered by this versatile property. Currently set up for equine use, the land features eight paddocks, most with loose boxes, along with a riding arena and two dams, creating the ideal setup for horse enthusiasts.

The main residence offers three bedrooms, a cosy lounge with a wood fire, and a modern kitchen and bathroom. Step outside to an outdoor deck that captures beautiful water views. Additional improvements include a double garage, carport, small sheds, and a studio, perfect for the budding artist or hobbyist.

Building Two has been recently completed and is a two-storey structure currently used as a spacious office, complete with a kitchen and shower room. With a few modifications, it could potentially be converted into a second dwelling (STCA). This building also benefits from its own separate entrance, independent meter, and phone connection.

Outside, you’ll find another double garage, a vegetable garden, and a phone tower that provides additional annual income.

If you’re looking for your own private retreat with enormous potential, this is an opportunity not to be missed. Properties like this are rare, enquire today.

Type: Acreage
Bedrooms: 6
Bathrooms: 2
Parkings: 5
Area: 4.05 ha

Price guide

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16 Forrest Drive, Nyora, Vic 3987

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