SOLD
Sold on 17 May 2024 for $3,500,000

140 Rankins Road
Monbulk VIC 3793

Bedrooms: 8
Bathrooms: 7
Car spaces: 6
Floor area: 580m2
Land area: 120677m2
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Property Details for 140 Rankins Rd, Monbulk

140 Rankins Rd, Monbulk is a 8 bedroom, 7 bathroom House with 6 parking spaces and was built in 1990. The property has a land size of 120677m2 and floor size of 580m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 8 bedroom House sold in Monbulk in the last 12 months.

Building Type
House
Year Built
1990
Floor Size
580m2
Land Size
120677m2
Local Government
Yarra Ranges
Lot/Plan
2/PS515205

Last Listing description (May 2024)

Introducing “Coeur De Lion” French Chateau, where inspiration, landscape and luxury converge to create an unparalleled lifestyle experience on approximately 30 acres. Beautifully bordering the Mount Dandenong Ranges and the Yarra Valley, the grand estate showcases an architect-designed residence and dual guest cottages, creating an ideal environment for running a bed and breakfast or other business endeavours.

A stately automatic-gated driveway extends a warm invitation, ushering you onto the expansive grounds with impeccably maintained gardens. Utterly resplendent, the main residence inspired by a French chateau encompasses an extensive tri-level floorplan with exceptional craftsmanship. Solid timber finishes such as American Cherry, Jarrah, Sapelli and Cedar feature throughout, including the sweeping Jarrah staircase that adorns the entrance foyer. A compound for family and friends to unite, unwind and entertain, the residence unveils several casual and formal spaces, complemented by a gourmet kitchen, multiple verandahs, a barbeque area and a covered alfresco that overlooks the impressive gardens. Four robed bedrooms and a home theatre room are serviced by four bathrooms and a powder room in the main residence. This includes a lavish first-floor suite that contains a retreat, a library with an open fireplace, two walk-in wardrobes, a balcony and an en-suite.

The two separate cottages are each self-contained, making them ideal for accommodating multigenerational families or for leasing purposes. They come complete with two bedrooms, one or two bathrooms, offices, living/dining spaces, kitchens, decks, workshops and undercover parking.

Replete with a remarkable array of features, this exquisite estate, nestled in the serene countryside just an hour from Melbourne's CBD, offers an opportunity that must be personally witnessed to grasp its full magnificence.

* Luxury lifestyle estate on approximately 30 acres
* Architect-designed main residence
* Separate self-contained cottage with a separate entrance log cabin with its own private garden
* Seperate fully self contained cabin with large office and gym
* Heating and cooling
* Undercover parking for six vehicles
* Well-fenced pastures
* Vineyard
* 6 water tanks holding a total of approximately 100,000 liters plus a bore that pumps 2,500 liters an hour

Property History for 140 Rankins Rd, Monbulk, VIC 3793

A timeline of how this property has performed in the market
Last Sold
$3,500,000
17 May 2024
  • 17 May 2024
    Sold for $3,500,000
  • 05 Jan 2024
    Listed for Sale $3,600,000 - $3,960,000
  • 16 May 2017
    Listed for Sale Contact Agent

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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 1,653 properties. Over the last 5 years, Houses in Monbulk have seen a 33.76% increase in median value, while Units have seen a 26.55% increase. As at 31 August 2024:

  • The median value for Houses in Monbulk is $873,179 while the median value for Units is $634,618.
  • Houses have a median rent of $670 while Units have a median rent of $5,280.
There are currently 10 properties listed for sale, and 1 property listed for rent in Monbulk on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Monbulk.

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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.