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49 Metung Road, Metung$1.85m
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49 Metung Road

Metung, VIC 3904, Australia
$1.80m – $1.90m
3 bed 3 bath 1 car288 m²

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About this property

Across three thoughtfully renovated levels, 'Bermuda' delivers an exceptional blend of lifestyle and income. The home arrives completely walk-in, walk-out, every piece of quality furniture, every fitting, every appliance included. Whether you are seeking a permanent lakeside sanctuary, a luxurious holiday retreat, or a proven short-stay investment, the opportunity is ready to fulfil all three from day one. The centrepiece of the residence is the third-level living and retreat zone, an architectural showpiece anchored by a dramatic curved floor-to-ceiling glass wall that frames an unobstructed panorama of Lake King. A gas fireplace, polished timber floors, and two generous lounge chairs invite long hours of watching sailboats drift across the water. The adjacent primary bedroom mirrors this indulgence, opening directly to this retreat with the same sweeping lake views, and served by a beautifully appointed ensuite featuring stone look tiles and a vessel basin vanity. The main living level is equally impressive, an open-plan kitchen, dining, and living space with soaring ceilings, a gas log fireplace, warm timber floors, and another wall of glass that keeps Lake King ever-present. The kitchen is fitted with quality appliances including a Miele oven, integrated microwave, induction cooktop, and stainless steel refrigerator, all finished with stone benchtops and a long island for casual entertaining. A sculptural floating staircase with timber treads and cable balustrade connects the levels with an elegant architectural flourish. For those who love to entertain, the fully equipped outdoor alfresco kitchen on the second level is a standout, a commercial quality stainless steel setup with benchtop, sink, and built-in barbecue, framed by exposed brick and surrounded by a bright, all-weather enclosure. A separate dining and casual outdoor area extends the entertainment options further still. Two additional bedrooms are generously sized with direct water views and individual reverse-cycle air conditioning. Each is serviced by its own stylishly renovated bathroom finished to a consistent, high standard; stone-look tiles, vessel basins, premium tapware, and rain showerheads throughout. A large laundry completes the ground level alongside the single garage. The floor plan reveals a considered three level layout: ground-level bedroom, garage, and laundry; a full living, dining and kitchen floor with balcony access; and an upper-level sanctuary comprising the retreat lounge, fireplace, primary suite, and the most extraordinary lake views in Metung. Village conveniences are entirely on foot, the iconic Metung Hotel is a one-minute stroll, the marina, cafés, and waterfront walkway are all within moments. Yet within 'Bermuda' itself, the world outside barely intrudes. This is Gippsland Lakes living at its most refined, and an opportunity that, given its 20-year absence from the market, is unlikely to present itself again anytime soon. Features included: - Walk in, walk out - completely fully furnished, everything stays - First time offered in over 20 years - tightly held, rarely available - Uninterrupted panoramic Lake King views from upper levels - Metung's best sunset and water views - Dramatic curved floor-to-ceiling glass wall top level living - Gas fireplace in upper-level retreat lounge - Primary suite with direct lake views and private ensuite - 3 beautifully renovated bathrooms with premium stone tile finishes - Miele oven, induction cooktop, integrated microwave & s/s fridge - Stone benchtops and long kitchen breakfast bar - Commercial quality stainless alfresco kitchen with BBQ & sink - Separate outdoor dining and entertaining area - Sculptural floating staircase with timber treads & cable balustrade - Polished hardwood timber floors throughout living areas - Ducted heating, lighting, security & automated blinds all controlled by an integrated Cbus system. - Reverse cycle A/C throughout for year round comfort - Glass-balustrade lake-view balcony on the upper level - Single lock-up garage plus additional storage - Proven income potential & outstanding short-stay opportunity - 1 minute walk to the Metung Hotel & an array of local amenities - Steps to marina, foreshore walkway & village cafés

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
3
Parking
1
Land Area
288 m²
Listed
3 months ago

Repayment calculator

$8,969/month
$4,484 /fortnight
Loan $1,480,000 at 6.10% over 30 years

Upfront costs

Deposit$370,000
Stamp duty$101,750
Conveyancing (est.)$2,000
Total upfront$473,750
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 Metung

This 3-bedroom house in Metung, VIC 3904 sits within reach of local shops and nearby schools. It is listed 294% above the $470,000 median of 76 comparable houseswithin 5 km.

Schools near Metung

  • Metung Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Unnamed52 m away
  • Unnamed96 m away
  • A B Patterson Reserve140 m away
  • Shaving Point Reserve529 m away

Metung at a glance

Full suburb profile
Population
1,899
Median age
60
Household income
$1,219/wk
Median rent
$346/wk
Median mortgage
$1,300/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Metung price trend

Median sold · House 3 bed

Compound growth -1.0% / yr over 4 yrs

$620kcurrent median

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Price history

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1 price change recorded for this property

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