12 Homestead Rd, Eltham is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 7489m2 and floor size of 409m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Expressions of Interest Offers closing Thursday 9th November at 6.00pm (unless sold prior).
For the first time in more than 30 years, this landmark Eltham residence, Malakand, is offered to the market. Exceptional in every way, with dominating views of the Yarra River, the home is one of serene elegance, reminiscent of grand European estates, displaying masterful stonemasonry, ornamental gardens, stunning terraces and opulent interiors, all while providing the modernity expected in 2023.
Occupying what is arguably Elthams finest position, the elevated parcel of 7,489 sqm (approx) affords incredible views. The flowing waters of the Yarra River are in full view from the enormous casual living wing and outdoor living spaces, with vistas extending over the famed eucalypt canopy out to the Dandenong Ranges. The position also provides excellent access to parklands and walking trails, village and mall shopping, esteemed schools and a host of transport options.
The substantial home has been carefully crafted and beautifully maintained, delivering opulent formal living spaces under towering ceilings with handpicked hardwood timber panelling, wonderful chandeliers, and imported European drapery framing walls of windows that capture vistas of manicured lawns, established trees and stone water features.
The casual precinct is no less impressive. Breathtaking in scale under trussed timber lined ceilings and bordered by wide verandahs, it provides sanctuary among the treetops. It flows beautifully to a covered area, tiled in travertine and boasting custom electrically operated blinds for year-round comfort, it is the epitome of indoor/outdoor living.
The kitchen anchors the entire casual zone and is impressive in design and execution. An enormous granite topped island bench complements a butlers pantry (with built-in Liebherr refrigerator), triple Franke sink, built in food processing centre, Gaggenau electric combination cooktop with built in fryer and indoor barbeque (with down draught extraction), four Miele ovens including combi-steam, pyrolytic oven, combi-microwave and warming/slow cooker drawer.
The bedroom wing occupies the top floor and displays a sophisticated luxury thanks to beautiful pure wool carpets and drapery and built in robes to the family bedrooms. The master suite is generously sized, provides a large walk-in dressing room, and an ensuite bathroom with floor to ceiling marble, marble vanities and plantation shutters its style mirrored in the family bathroom. The lower ground floor also offers bedroom accommodation, and with its own private entrance, provides the versatility to be used as a guest/teenage retreat. It also houses an indulgent lounge area with beautiful open fireplace, and direct access to yet another private garden space immersed in the natural environment with the sounds of the nearby flowing river.
Mudbrick construction to the lower ground floor provides an excellent thermal mass for controlled temperatures, assisted by ducted air conditioning and heating, and reverse cycle split systems. Power comes from 6,400 watt, American made solar system consisting of 26 panels and two inverters.
An asphalt driveway extending more than 100 metres from the electrically operated gates through the manicured lawns to abundant outdoor parking space and a large garage complete with workshop area, lower ground floor bathroom facilities and storage. Theres also a stable, shedding, electric fence to restrain dogs as well as rabbit-proof fence to keep out rabbits and an abundance of natural wildlife with regular visits from a family of wallabies.
A mere 22 kilometres from the heart of Melbournes business district, this wonderful residence provides a rare experience.
Immersed in nature, blessed with amazing views and intelligent, sustainable design, this home provides a grandeur and opulence that melds the very best of today while evoking a bygone era of luxury and indulgence.
The size of Eltham is approximately 16.6 square kilometres. It has 55 parks covering nearly 15.2% of total area. The population of Eltham in 2011 was 18,162 people. By 2016 the population was 18,303 showing a population growth of 0.8% in the area during that time. The predominant age group in Eltham is 40-49 years. Households in Eltham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Eltham work in a professional occupation. In 2011, 85.6% of the homes in Eltham were owner-occupied compared with 85.5% in 2016.
Eltham has 8,556 properties. Over the last 5 years, Houses in Eltham have seen a 30.55% increase in median value, while Units have seen a 15.94% increase. As at 31 October 2024:
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