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245 Parish Road, Iona$1.57m
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For Salehouse

245 Parish Road

Iona, VIC 3815, Australia
$1.50m – $1.65m
4 bed 2 bath 4 car10.93 ha

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About this property

This exceptional rural property seamlessly blends lifestyle, income, and opportunity. Set on approximately 27 acres (10.87 hectares) in the heart of West Gippsland and zoned Green Wedge (GWZ), it is just minutes from Bunyip, Garfield, and Pakenham. It offers a rare chance to secure a stunning home, impressive equine infrastructure, and dual-living options in a tightly held location. The fully renovated four-bedroom home is a stylish modern residence featuring open-plan living, a well-appointed kitchen, luxurious bathrooms, and abundant natural light. Every detail has been carefully curated to deliver both comfort and class. An expansive undercover entertaining area extends the living space outdoors, creating the perfect setting for family gatherings, relaxed weekends with friends, or peaceful evenings overlooking the sweeping views across the property. Designed with functionality and care, the equine facilities include 17 well-maintained horse paddocks, all booked year-round. This established agistment business provides a strong and consistent annual income. Complementing the main residence is a separate, self-contained second dwelling, ideal for extended family, guests, or rental opportunities. The property also features extensive shedding and infrastructure, including large Colorbond sheds, a lock-up machinery shed, workshop space, a two-bay hay shed, and ample parking. A reliable water supply is assured with bore water, an electric pump, and reticulated troughs servicing all paddocks. Perfectly positioned, the property offers peace and privacy while remaining just a short drive from nearby towns and essential services. Easy access to major roads and the Princes Freeway ensures simple commuting, while the tranquil surroundings provide a calm retreat from city life. This property is ideal for equestrian enthusiasts, agistment operators, extended families, investors seeking rural income streams, or anyone looking for a lifestyle property with modern comforts. Opportunities like this are rare especially one that delivers such a powerful combination of lifestyle and income. Homes and Acreage is proud to be offering this stunning rural property for sale. To arrange an inspection or for further information, please contact Karl Richmond on 0429 008 550.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
2
Parking
4
Land Area
10.93 ha
Listed
3 months ago

Repayment calculator

$7,636/month
$3,818 /fortnight
Loan $1,260,000 at 6.10% over 30 years

Upfront costs

Deposit$315,000
Stamp duty$86,625
Conveyancing (est.)$2,000
Total upfront$403,625
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 Iona

This 4-bedroom house in Iona, VIC 3815 sits within reach of local amenities. It is listed 89% above the $831,852 median of 49 comparable houseswithin 5 km.

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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