127 Bulla Road, Bulla, Vic 3428

Perched high in a prized Bulla pocket, this remarkable lifestyle property offers space, serenity, and stunning hilltop views—all just 28km from Melbourne's CBD.

Set on an expansive 4,200sqm (approx.) of gently elevated and fully usable land, the home comes with a planning permit (formerly approved, needing re-approval from council) for a two-lot subdivision. This allows for a 2,040sqm (approx.) vacant allotment with a 22.4m street frontage, while retaining the existing residence on a generous 2,155sqm (approx.) parcel—offering future flexibility and investment appeal.

Tucked away at the end of a long private driveway, the home itself is a beautifully kept single-level residence with a versatile and family-friendly floor plan. It features five spacious bedrooms, three bathrooms and multiple living areas including a formal lounge with open fireplace, a large family room, and a separate games/rumpus room perfect for entertaining. The central kitchen is stylish and functional with stone bench tops (and walk-in pantry) and flows seamlessly to the meals area and adjoining family room.

A private rear wing functions as a self-contained retreat, complete with its own bathroom, dressing room, kitchenette, and lounge—ideal for multi-generational living, guest accommodation, or home business use. Mounted solar panels on the roof ensure electricity bills are kept to a minimum.

Step outside to enjoy lush, established gardens and a stunning north-facing in-ground pool (with spa), perfectly positioned to soak up uninterrupted views across the surrounding hills. The full width pergola comes complete with tiled porcelain floors...the ideal way to relax outdoors.

Whether you're seeking space for the family, a future development opportunity, or the perfect semi-rural lifestyle without sacrificing convenience—this is a rare and compelling offering in a tightly held locale.

Terms:
10% deposit, 90-120 days Settlement: 

Price Guide: $1,250,000 - $1,325,000