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648-764 Gisborne-Melton Road

Toolern Vale, VIC 3337, Australia
$2.99m
3 bed 1 bath

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Area Price Guide
$2.81m$3.17m

Indicative price guide range

🏘️
15
Comparable
📊
$1.82m
Area median
⚖️
+64%
vs median
🗓️
1 week ago
Listed

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About this property

Positioned within the picturesque foothills of the Macedon Ranges on approximately 132 acres of Rural Conservation Zoned land, this extraordinary lifestyle property on Gisborne Melton Road offers a rare combination of scale, privacy and panoramic views stretching all the way to the Melbourne CBD and Port Phillip Bay on a clear day. Elevated vantage points across the property create a truly unique outlook in every direction, delivering an ever changing backdrop of rolling countryside by day and city lights by night. The setting is peaceful, private and incredibly hard to replicate this close to both Gisborne and Melton. The land is well set up for equine and lifestyle use, featuring established horse enclosures, open grazing areas, 2 dams, and a fully operational horse agistment business already in place, offering immediate income potential and ongoing use flexibility. Within the holding, there are three existing dwellings, including a one bedroom bungalow and an additional three bedroom house. These provide on site accommodation and functional utility, with clear scope for renovation, replacement or reimagining to suit future lifestyle or business requirements (STCA). Septic systems and water tanks servicing the dwellings What truly defines this property, however, is the land itself, its scale, elevation and outlook. Opportunities of this size and proximity to key regional centres are increasingly rare, particularly with uninterrupted views and usable lifestyle infrastructure already established. Whether you are seeking a premium lifestyle estate, equine retreat, land banking opportunity or a long-term vision project, this is a property that offers genuine flexibility and exceptional potential in a tightly held location. Photo ID Required for All Property Inspections Please refer to the link below for the most recent Due Diligence Checklist: https://bit.ly/RWDue_Diligence Please refer to the link below for Ray White's Collection Notice: https://bit.ly/RW_PrivacyNotice DISCLAIMER: All dimensions are approximate. The details provided are for general information purposes only and do not constitute any representation by the vendor or real estate agent. This document has been prepared solely for marketing purposes. While every effort has been made to ensure the accuracy of the information, we do not accept responsibility for any errors. Prospective buyers should conduct their own inquiries to verify the information provided.

Property Features

    View full listing on Domain

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    Repayment calculator

    $14,495/month
    $7,248 /fortnight
    Loan $2,392,000 at 6.10% over 30 years

    Upfront costs

    Deposit$598,000
    Stamp duty$174,350
    Conveyancing (est.)$2,000
    Total upfront$774,350
    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
    3
    Bathrooms
    1
    Listed
    1 week ago

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