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243 Knox Road

Romsey, VIC 3434, Australia
$3m
4 bed 2 bath 2 car

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Area Price Guide
$2.82m$3.18m

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🏘️
70
Comparable
📊
$859,300
Area median
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+249%
vs median
🗓️
1 week ago
Listed

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About this property

Set across approximately 13.6 hectares (33 acres) of fertile red volcanic soil, this exceptional rural holding delivers a compelling combination of lifestyle, scale and established income streams in a picturesque Romsey setting. With a meandering creek, mature trees and gently undulating pastures, the property offers both natural beauty and productivity. At its heart, the main residence is a gracious Victorian-inspired homestead, exquisitely finished and thoughtfully designed for modern family living. Generously proportioned, the home comprises four bedrooms and multiple living zones, all enhanced by high ceilings, an abundance of natural light, and the comfort of double glazing throughout. The kitchen and main living area form a warm and inviting central hub, anchored by a wood fireplace that brings character and seasonal comfort, while centrally controlled electric ducted heating and cooling ensures year-round climate control throughout the home. Together, these elements complement the modern finishes and Victorian-inspired aesthetic, creating a space that is both refined and inherently comfortable. The kitchen itself is striking and highly functional, featuring a Falcon cooker, butler's pantry, and refined detailing consistent with the home's overall design. From here, the living experience extends naturally to a central entertaining deck and adjoining kitchen, dining and living domains, creating an effortless connection between everyday living and entertaining. The wraparound verandah frames the home and captures sweeping rural vistas, reinforcing the seamless transition between indoor spaces and the surrounding landscape. Outdoors, the lifestyle offering continues with a beautifully established, irrigated vegetable garden and a dedicated chook shed enhancing the property's self-sufficiency and everyday rural charm. A standout feature of the property is The Stables, a fully restored and self-contained two-bedroom cottage currently operating as a highly successful bed and breakfast. Privately positioned amongst established oak trees, it enjoys strong occupancy and provides an immediate, proven income stream. Complementing this is The Cottage, a separate original farmhouse set within its own peaceful surrounds. It offers a secure and consistent rental return, further strengthening the property's income profile. Adding further appeal, two low-maintenance picturesque camping sites deliver additional passive income while capitalising on the property's natural setting. Each dwelling benefits from its own access via sealed road frontage, ensuring privacy and flexibility for multiple occupants or income streams. Extensive infrastructure supports both lifestyle and agricultural pursuits, including a machinery shed, workshop, and a separate office space with kitchenette ideal for remote work or property management. Water security is well catered for via town supply to both The Cottage and The Stables, while the main residence is serviced by two 22,500-litre rainwater tanks. A spring-fed dam further enhances reliability. The land is well suited to grazing and hay production, with established pasture improvement including lucerne and shelter belts enhancing both productivity and usability. Located under an hour from Melbourne's CBD and approximately 40 minutes to Melbourne Airport, this is a rare opportunity to secure a versatile rural estate with multiple established income streams and significant future potential. A truly rare offering where elegance, passive income and country tranquillity converge.

Property Features

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    Repayment calculator

    $14,544/month
    $7,272 /fortnight
    Loan $2,400,000 at 6.10% over 30 years

    Upfront costs

    Deposit$600,000
    Stamp duty$175,000
    Conveyancing (est.)$2,000
    Total upfront$777,000
    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.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    4
    Bathrooms
    2
    Parking
    2
    Listed
    1 week ago

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