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About this property
Set across approximately 21 acres in the heart of West Gippsland, Rosewood Downs presents an exceptional opportunity to secure a premium equestrian property with multiple income streams, dual-living flexibility, and a charming country lifestyle. Zoned Green Wedge (GWZ) and ideally positioned just minutes from Bunyip, Garfield, and Pakenham, this is a rare offering in a tightly held location. The main home is a warm and inviting country-style residence, spanning approximately 31 squares under roofline. Featuring three well-proportioned bedrooms, the home showcases a beautiful timber kitchen, complemented by a character-filled timber panelled lounge and formal dining area, both centred around a striking double fireplace. Verandahs wrap around three sides of the home, creating the perfect setting to relax while overlooking established gardens and the picturesque surrounds. With its cosy feel and thoughtful layout, the home also lends itself perfectly to Airbnb or short-stay accommodation. Adding exceptional versatility, the property includes: - A separate two-bedroom granny flat attached to a double garage ideal for extended family, older children, or guest accommodation - A large workshop currently utilised as a studio, perfectly suited for a home business such as a salon, creative space, or consulting rooms - Designed with serious equine functionality in mind, the property is exceptionally well-equipped, featuring: - 120m x 80m floodlit arena - 13.5m round yard - Extensive stable complex with tack room - Day yards plus covered saddling and wash bay - Central laneway servicing 6 horse paddocks - Additional 5 cattle paddocks - Cattle yards with B-double access The infrastructure is complemented by excellent fencing throughout and an abundance of tank water, ensuring practicality and efficiency for both equine and livestock operations. Perfectly positioned for both privacy and convenience, the property offers peaceful rural living with easy access to major roads and the Princes Freeway, making commuting effortless. Enjoy the tranquillity of country life while remaining close to essential services, schools, and townships. This is an outstanding opportunity for equestrian enthusiasts, agistment operators, multi-generational families, or investors seeking a lifestyle property with strong income potential. Disclaimer: The Company Real Estate has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accepts no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 4
- Bathrooms
- 3
- Parking
- 4
- Land Area
- 8.5 ha
- Listed
- 2 months ago
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Neighbourhood
Living in Iona
This 4-bedroom house in Iona, VIC 3815 sits within reach of local amenities.
Iona at a glance
Full suburb profile- Population
- 240
- Median age
- 47
- Household income
- $1,924/wk
- Median rent
- $250/wk
- Median mortgage
- $2,140/mo
Source: ABS Census.
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Flood Risk
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Flood zone
Land Subject to Inundation Overlay (LSIO) – localised watercourse risk
Iona is a small rural locality in western Victoria with low to localised flood risk. While the area is not located within a major river floodplain, properties near watercourses or drainage depressions may fall within the Land Subject to Inundation Overlay. Most of Iona sits on elevated terrain with limited historical flood records, making it a relatively low-risk area for most property locations.
Planning controls
- Compliance with Victoria's Land Subject to Inundation Overlay (LSIO) for properties within mapped flood extents
- Consideration of Ordinary Waterway Management (OWM) requirements for structures near unnamed creeks and drainage lines
- Floor level and fill requirements for new development or substantial renovation in areas identified on flood mapping
- Referral to regional catchment management authority for planning permits affecting drainage corridors
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