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Lot 1 The Centreway

French Island, VIC 3921, Australia
$2.50m
2 bed 2 bath 4 car

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Area Price Guide
$2.35m$2.65m

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6
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$39,500
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+6229%
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Today
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About this property

Perched up high with sweeping, uninterrupted water views, this remarkable French Island property sits within an exclusive pocket some proudly call "the Paris end" of the island. Offering a lifestyle and an income that is virtually impossible to find anywhere else on the island, this diverse holding includes a secure tenancy from a long established operator who leases the valuable on site quarry. Occupying only a small portion of the land, the quarry provides a reliable, ongoing income stream while leaving the vast majority of the property exclusively for your enjoyment. Opportunities to own land on French Island with a private, income producing resource like this are exceptionally rare. The main shed is fully off grid and impressively versatile, featuring a functional living space with kitchen, bedroom, bathroom and an expansive workshop set on a concrete slab. Whether you need a comfortable base while planning your dream home or a practical hub for creative, agricultural or mechanical pursuits, this structure offers outstanding flexibility. Additional accommodation comes via a large caravan sheltered beneath a second shed with a verandah - ideal for extended stays, guest accommodation or relaxed weekend escapes while you design the next chapter of the property. Nature lovers will appreciate the substantial oak trees, private gum forest, newly dug dam with jetty, well maintained paddocks and excellent fencing throughout. New front gates frame the entry, while the elevated vantage points across the land capture those breathtaking water views considered amongst the best on French Island. French Island itself is a rarity with 70% of the island protected as national park, private freehold land is limited and tightly held. Even more appealing, properties here are not subject to council rates and being fully off grid means no power bills. It's a lifestyle defined by freedom, self sufficiency and natural beauty - all just a short ferry ride from the mainland, yet a world away in atmosphere. Whether you're seeking a peaceful retreat, a future home site, an income supported investment or a base for your island adventures, this property offers an extraordinary combination of opportunity, privacy and potential - made even more unique by its own income producing quarry. Contact Phil Bock from French Island Real Estate on 0438 497 715 to ask any questions or arrange a well informed inspection.

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $12,120/month
    $6,060 /fortnight
    Loan $2,000,000 at 6.10% over 30 years

    Upfront costs

    Deposit$500,000
    Stamp duty$142,500
    Conveyancing (est.)$2,000
    Total upfront$644,500
    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
    rural
    Listing Type
    For Sale
    Bedrooms
    2
    Bathrooms
    2
    Parking
    4
    Listed
    Today

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