FOR SALE
$1,290,000 - $1,390,000

530-532 Monbulk Road
Monbulk VIC 3793

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Land area: 4121m2
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"Ivy Lane" Charming dual income property with historic appeal and modern comforts!

Set on a stunning 1-acre lot in the heart of the Dandenong Ranges, this remarkable estate blends timeless charm with modern potential.
Originally built in 1935 by the renowned owners of Anderson's Timber Mills (now Mitre 10), the main residence captures the character of its era, offering 3 generously sized bedrooms, a central bathroom, and all the comfort of ducted heating, a cozy gas log fire, and reverse cycle heating/cooling for year-round ease.
Adding even more appeal is the self-contained 2-bedroom cottage, built from locally sourced Anderson's timber. This charming retreat, once a thriving bed and breakfast, presents the perfect dual-income opportunity (STCA). Whether you choose to rent it out or relaunch the B&B, it's an ideal option for those looking to tap into the highly sought-after wedding destinations of the Dandenong Ranges and Yarra Valley.
Step outside and you'll be captivated by the gardens, lovingly tended for over 90 years. With majestic English trees, vibrant roses, and blooming azaleas, the garden provides a private sanctuary. Enter the estate through architecturally designed automatic gates, down a beautifully lit driveway framed by ornamental pear trees and manicured hedges, adding a sense of grandeur to your arrival.
This property also offers additional features, including a double carport, powered shed, and convenient proximity to local amenities. Just a short stroll to Main Street, you're moments from schools, cafes, groceries, and more.
Don't miss this rare chance to own a historic estate that combines rich heritage with modern convenience and endless potential for extra income or family living. This one-of-a-kind property is waiting for you to make it your own!
Barry Plant Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
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Property Details for 530-532 Monbulk Rd, Monbulk

530-532 Monbulk Rd, Monbulk is a 5 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 4121m2. The place is currently for sale with Barry Plant - Emerald.

Building Type
House
Land Size
4121m2

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About Monbulk 3793

The size of Monbulk is approximately 20.3 square kilometres. It has 12 parks covering nearly 6.2% of total area. The population of Monbulk in 2011 was 3,456 people. By 2016 the population was 3,583 showing a population growth of 3.7% in the area during that time. The predominant age group in Monbulk is 40-49 years. Households in Monbulk are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Monbulk work in a trades occupation. In 2011, 81.4% of the homes in Monbulk were owner-occupied compared with 79.4% in 2016.

Monbulk has 1,654 properties. Over the last 5 years, Houses in Monbulk have seen a 38.25% increase in median value, while Units have seen a 26.80% increase. As at 31 October 2024:

  • The median value for Houses in Monbulk is $903,105 while the median value for Units is $649,050.
  • Houses have a median rent of $670 while Units have a median rent of $5,280.
There are currently 12 properties listed for sale, and 2 properties listed for rent in Monbulk on OnTheHouse. According to CoreLogic's data, 46 properties were sold in the past 12 months in Monbulk.

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Riley Nicholas
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Jacqui Ryder
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Barry Plant - Emerald
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