Just 10 minutes from the central business district sits a 10-acre parcel of land, completely flat, that would be suited to nearly every kind of development.

A private, tree-lined entrance shelters much of the property from view and you don't get to see it until you take the winding dirt road down to the dwelling.

The home itself has seen better days, but serves as a reminder of just what is possible on this land.

The main house was built in 1972, with a granny flat and Queensland room added to it the following year.

Positioned to enjoy views of the mountains, the main home has four living spaces on the northern side.

The formal dining room is already fitted with cabinets and has sliding door access to the outdoors.

Next to it is the family room, which is bathed in sunlight. Accordion doors separate the family room from the formal lounge, which has a fireplace and access to the Queensland room.

This enclosed entertaining area is paved and enjoys great views thanks to the glass panels.

At the front of the home is a kitchen with plenty of storage and space to eat in.

The main house has three bedrooms, two of which have built-in storage.

The master bedroom is at the back of the home and also had a small ensuite with toilet, sink and shower.

When it comes to bathrooms, the main house has two bathrooms in addition to the ensuite.

This home also demonstrates how much storage it is possible to have in a house.

There are three separate linen cupboards throughout the home, as well as a large storage room.

The granny flat has an open floor plan and includes a living and dining space, a kitchenette and bathroom.

It has its own entry and can also be accessed from the main house.

Listing agent Mark Sullivan, of Professionals Real Estate Bathurst, said that it is what's outdoors that will sell this property.

The land has three fenced paddocks, as well as a six-pen stable, four-bay shed with workshop, and dog kennels.

It also has great access to water. There are two underground water tanks, unrestricted bore water that can be used as drinking water, and metered access to the Winburndale pipeline.

Mr Sullivan said it is a very rare opportunity to snap up a large block of land close to the CBD and people could decide for themselves if they wanted to keep the existing infrastructure or build something suited to their needs.

"Based on the current market feedback, you could either extensively renovate the home or alternatively, if someone didn't want to renovate, they could use the original slab and build another home on it," he said.

"The third option is to remove the existing infrastructure and build your dream home."

Those who want to see the property can attend an open inspection on Saturday between 9.45am and 10.15am. It will go to auction on October 25, if not sold prior.

For more information, call Mr Sullivan on 6332 2900.