FOR SALE
$2,450,000-$2,600,000

26 Melba Highway
Yering VIC 3770

Bedrooms: 6
Bathrooms: 4
Car spaces: 5
Land area: 8078m2
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A SPECTACULAR PROPERTY WITH INCOME POTENTIAL

Villa Raedward, set in two acres of stunning, mature, low maintenance garden, offers three architecturally designed separate dwellings; a grand, three-storey villa and two separate one bedroom residences approved for short-stay accommodation which is in high demand in the Yarra Valley. The Grand Villa is a luxurious palazzo style, with a pivotal 11- metre-high central void, offering enormous light and surrounded by staircase to access the four bedrooms and extraordinary bathrooms. Three of the main bedrooms are complete with their own balcony that each celebrate the magnificent views of the mountain range and rolling pastured fields. The main Villa features also include a study, two marble bathrooms, powder room, large kitchen with walk-in pantry, 3 additional separate living areas, a wine cellar and storage facility, enormous laundry and downstairs shower room, gymnasium, sizeable walk-in linen, and storage room, and a massive 12.5 x 7.1 garage with direct entry off the circular driveway, under floor heating, two magnificent fireplaces, solar panels to keep running costs to a minimal. The two guest accommodations each have their own courtyard, luxury bathrooms, kitchens with high end fixtures and fittings including stone benchtops and separate under cover parking. Both the one-bedroom residence patios have vistas of the most stunning water feature and treelined colonnade. Elsewhere the gardens feature mature trees and flowering shrubs, extensive lawns, a secluded Japanese garden, and an expansive pergola-colonnade leading to a gazebo with fabulous pizza oven. Seasonal fruit and vegetables are available year-round from the orchard and superb raised vegetable gardens. There is also a Tuscan style outbuilding with 3 large 2.6 x 6 metre spaces, each with double doors, perfect for mechanical storage, potting shed, or even artistic workspace.

Property Details for 26 Melba Hwy, Yering

26 Melba Hwy, Yering is a 6 bedroom, 4 bathroom House with 5 parking spaces. The property has a land size of 8078m2. The place is currently for sale with Noble Knight Real Estate - LILYDALE.

Building Type
House
Land Size
8078m2

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About Yering 3770

The size of Yering is approximately 24.7 square kilometres. It has 5 parks covering nearly 15.9% of total area. The population of Yering in 2011 was 2,338 people. By 2016 the population was 110 showing a population decline of 95.3% in the area during that time. The predominant age group in Yering is 40-49 years. Households in Yering are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Yering work in a managers occupation. In 2011, 84.8% of the homes in Yering were owner-occupied compared with 85.7% in 2016..

Yering has 90 properties. Over the last 5 years, Houses in Yering have seen a 53.11% increase in median value. As at 31 October 2024:

  • The median value for Houses in Yering is $1,862,051.
There are currently 2 properties listed for sale, and no properties listed for rent in Yering on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Yering.

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Anthony Knight
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Megan Tiberi
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Noble Knight Real Estate - LILYDALE
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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.