OFF MARKET

75 Smith Street
Macedon VIC 3440

Bedrooms: 6
Bathrooms: 6
Car spaces: 6
Floor area: 306m2
Land area: 3033m2
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Property Details for 75 Smith St, Macedon

75 Smith St, Macedon is a 6 bedroom, 6 bathroom House with 6 parking spaces and was built in 1869. The property has a land size of 3033m2 and floor size of 306m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
House
Year Built
1869
Floor Size
306m2
Land Size
3033m2
Local Government
Macedon Ranges
Lot/Plan
1/LP119255

Last Listing description (August 2024)

Envision an exceptional opportunity to transform the former Macedon State Nursery Hotel, an architectural gem dating back to circa 1869, into a luxurious 5-star boutique hotel featuring six exclusive suites.

Built by James Nicholls and Eliza Weedon, the hotel was second only to the former Brickmakers Arms Hotel that James and Eliza built 10 years earlier. Whilst living on residence and raising their 10 children, they ran the successful guesthouse for 28 years.

The property offers the canvas for a sophisticated development that includes a swimming pool, tennis court, and enchanting English gardens adorned with majestic oak trees, Japanese maples, and vibrant rhododendrons.

Alternatively, the prospect exists to restore this splendid estate to its original grandeur, fashioning one of Macedon's most distinguished homesteads and use the existing plans to create a unique 5-6 bedroom / 5 bathroom family home.

Comprehensive groundwork has been meticulously laid, with architectural drawings by ePlus Architecture including full construction drawings, (civil, electrical, mechanical, and hydraulic). Landscape plans by renowned designer Lisa Stafford, and planning permits in place to commence without delay.

The original building boasts expansive interiors accentuated by period features, meticulously crafted brickwork, grand open fireplaces, French doors and towering ceilings. Additionally, multiple outbuildings, such as the original bakehouse and wine cellar, further complement the property's historic charm.

This opportunity is truly unparalleled, presenting the chance to establish a unique destination within the Macedon Rangesa region where short-term lodging options are in high demand for tourism.

Conveniently positioned within walking distance of Macedon township, the train station, charming cafes, a supermarket, and only a short distance from the illustrious Mount Macedon, the property stands as a prime offering within this esteemed locale.

Proudly marketed by the team at Macedon Ranges Sotheby's International Realty.

Property History for 75 Smith St, Macedon, VIC 3440

A timeline of how this property has performed in the market
Last Sold
$1,340,000
24 Jan 2021
Listed for Rent
29 Oct 2019
  • 10 Nov 2023
    Listed for Sale Not Disclosed
  • 24 Jan 2021
    Sold for $1,340,000
  • 20 Jan 2021
    Listed for Sale Under Offer
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About Macedon 3440

The size of Macedon is approximately 39.2 square kilometres. It has 9 parks covering nearly 6.3% of total area. The population of Macedon in 2011 was 1,864 people. By 2016 the population was 2,038 showing a population growth of 9.3% in the area during that time. The predominant age group in Macedon is 40-49 years. Households in Macedon are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Macedon work in a professional occupation. In 2011, 87% of the homes in Macedon were owner-occupied compared with 85.7% in 2016.

Macedon has 892 properties. Over the last 5 years, Houses in Macedon have seen a 29.26% increase in median value, while Units have seen a 20.03% increase. As at 31 August 2024:

  • The median value for Houses in Macedon is $1,166,347 while the median value for Units is $871,828.
  • Houses have a median rent of $625.
There are currently 14 properties listed for sale, and 1 property listed for rent in Macedon on OnTheHouse. According to CoreLogic's data, 25 properties were sold in the past 12 months in Macedon.

Suburb Insights for Macedon 3440

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.