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328 Gravelly Point Road, Raymond Island$1.15m
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328 Gravelly Point Road

Raymond Island, VIC 3880, Australia
$1.15m
3 bed 2 bath 2 car6.38 ha

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About this property

Positioned on approximately 6 hectares and backing directly onto Lake King, this unique property offers a combination of privacy, flexibility and established income potential, with the added benefit of a private beach located directly opposite the property. The heavily renovated main residence comprises a well-appointed two-bedroom, one-bathroom unit. Both bedrooms include built-in robes and ceiling fans, whilst the living space is warmed by a wood fire. The kitchen is fitted with a new 900mm De'Longhi gas oven and the home is serviced by gas-boosted hot water. A fenced backyard adjoins the unit, providing a secure and practical space for pets. Water is supplied entirely by tank, with a 40,000-litre tank servicing the home and a further 20,000 litres dedicated to the external buildings and garden. The property operates fully off grid with a solar power system already in place. Additional improvements provide significant flexibility. A large shed includes internal structures already framed, presenting the potential to be fitted out as a second dwelling or workshop (permits pending). A separate cabin is also located on the property and includes a kitchenette, bathroom and toilet. Serviced by its own Jayco water pump and tank, this space is well suited for additional accommodation, guest stays or a private studio. The property also includes a two-car garage, multiple gravel access tracks throughout the land and several access points across the site. Currently operating as a successful Airbnb, the property generates substantial returns, with the option for the entire property to be sold fully furnished if desired. 328 Gravelly Pt Rd is an exceptionally unique opportunity to secure one of the largest blocks on Raymond Island. Call Beadle Real Estate to book your inspection today. Wendy - 0467 032 010 Amanda - 0400 565 740 Property Code: 393

Property Details

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

Repayment calculator

$5,575/month
$2,788 /fortnight
Loan $920,000 at 6.10% over 30 years

Upfront costs

Deposit$230,000
Stamp duty$63,250
Conveyancing (est.)$2,000
Total upfront$295,250
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 Raymond Island

This 3-bedroom house in Raymond Island, VIC 3880 sits within reach of local amenities. It is listed 78% above the $645,000 median of 71 comparable houseswithin 5 km.

Raymond Island at a glance

Full suburb profile
Population
589
Median age
68
Household income
$921/wk
Median rent
$280/wk
Median mortgage
$969/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Raymond Island price trend

Median sold · House 3 bed

Compound growth -4.5% / yr over 4 yrs

$548kcurrent median

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1 price change recorded for this property

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