204 Mill Street, Lake Wendouree$4.09m
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For Salehouse

204 Mill Street

Lake Wendouree, VIC 3350, Australia
$3.90m – $4.29m
5 bed 3 bath 2 car9 ha

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About this property

An Architectural Treasure of National Significance Set upon a rare and expansive landholding of verdant grounds, just steps from the tranquil shores of Lake Wendouree, 'Gannerew' circa 1883 represents one of the most historically significant High Victorian family residences in regional Australia. Provenance Beyond Compare Designed by the esteemed architectural partnership of Leonard Terry and Percy Oakden the visionaries behind The Melbourne Club, Myer Bourke Street, and St Paul's Cathedral,'Gannerew' is one of only three residential commissions undertaken by this legendary firm. With most of Terry & Oakden's original architectural drawings lost to fire, the surviving plans for 'Gannerew', which were exhibited at the Ballarat Art Gallery, represent an irreplaceable piece of Australian architectural history. Commissioned in 1883 by prominent grain trader and merchant Charles Vaughan Esq., no expense was spared in creating this substantial family villa. A Restoration Without Compromise Following a meticulous twelve-year restoration 'Gannerew' has been returned to its former grandeur whilst thoughtfully integrating the luxuries required for contemporary family living. Architectural Distinction The residence showcases elaborate period features throughout: rare celery top floorboards, 400mm moulded skirting boards, ornate ceiling roses, deep cornicing, original 1877 brass hardware, etched glass, hipped verandahs, and soaring 4.6 metre ceilings. A mix of marble and timber feature fireplaces anchor the principal rooms, including the gracious formal sitting room crowned by a restored 1883 French crystal chandelier. Sophisticated Living Spaces Five bedrooms, three bathrooms, and multiple living zones provide exceptional flexibility. The vast family living room opens to both south and western verandahs. A purpose built entertainer's dining room with Cheminée Philippe features French doors to lush gardens. The guest wing offers completely self contained accommodation potential, ideal for multigenerational living. At the heart of the home, the designer kitchen presents five Smeg ovens, professional Qasair exhaust, two Shaws of Darwen fireclay sinks, and a 2.6 metre marble island, complemented by a butler's pantry with cellar access for the discerning collector. Modern Comforts Ambient hydronic heating split over two circuits, double glazed windows throughout, natural stone flooring in all wet areas, and Perrin & Rowe tapware in antique nickel speak to the thoughtful integration of contemporary luxury. Rare Opportunity The prestigious corner allotment provides secure car access, detached box room and coach house (currently artist's studio and garaging), established gardens with century old plantings, and ample space for enhancement including pool installation. This is only the fourth time in 141 years that 'Gannerew' will change hands a once in a lifetime opportunity in this tightly held pocket close to the hospitals, CBD, and Ballarat's most elite schools. For private inspection or further information, please contact Allister Morrison on 0438 508 855. JD1703

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
5
Bathrooms
3
Parking
2
Land Area
9 ha
Listed
3 months ago

Repayment calculator

$19,852/month
$9,926 /fortnight
Loan $3,276,000 at 6.10% over 30 years

Upfront costs

Deposit$819,000
Stamp duty$246,175
Conveyancing (est.)$2,000
Total upfront$1,067,175
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Lake Wendouree

This 5-bedroom house in Lake Wendouree, VIC 3350 sits within reach of public transport, local shops and nearby schools. It is listed 429% above the $774,000 median of 66 comparable houseswithin 5 km.

Schools near Lake Wendouree

  • Pleasant Street Primary School (Ballarat)primary · Prep-6 · CoEd
  • Loreto College - The Little Flower Campussecondary

What's nearby

  • Unnamed (bus)1.1 km away
  • The Running Company779 m away
  • Unnamed784 m away
  • Unnamed835 m away
  • Unnamed919 m away

Lake Wendouree at a glance

Full suburb profile
Population
2,878
Median age
53
Household income
$1,953/wk
Median rent
$321/wk
Median mortgage
$2,106/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Lake Wendouree price trend

Median sold · House 3 bed

Compound growth -4.0% / yr over 4 yrs

$880kcurrent median

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Price history

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Within 5km

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