OFF MARKET

926 Stephenson Road
Tambo Upper VIC 3885

Bedrooms: 8
Bathrooms: 6
Car spaces: 10
Land area: 438337m2
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Property Details for 926 Stephenson Rd, Tambo Upper

Building Type
Land
Land Size
438337m2
Local Government
East Gippsland

Last Listing description (August 2021)

The 110-acre Rivendell, offered for sale for just the second time since settlement, features a beautiful two storey, Victorian style homestead and spectacular, sweeping views across Tambo Upper farmland and river flat.

Situated just north of the Princes Highway, between Bairnsdale and Lakes Entrance, Rivendell gives the feeling of space and distance, yet is just 15 minutes from the nearest town, and only minutes from the closest primary school.

For those familiar with JRR Tolkien's legendary series, Rivendell is first mentioned in The Hobbit and later in the Lord of the Rings, and is defined as 'a sanctuary, a place that feels like home'.

As you meander down the driveway into the world of Rivendell, Tambo Upper, there is a definite feeling of arriving at a sanctuary, as you pass oak trees and their hidden truffles, the original milking dairy that is now Arkenstone Cottage, cleverly disguised sheds and an orchard, before arriving at the homestead, perched on a hill above the Tambo River.

THE HOMESTEAD

Rivendell was owned by the Tyrrell family, until the current owners purchased the property in 2003. It has since become a testament to the hard work and attention to detail the owners have bestowed on every aspect.

The gracious entrance has wide stairs leading up to a large verandah that encircles the house, and upon opening the front door, a wide travertine hallway greets you, leading to immaculate rooms at every turn.

The main part of the home encompasses two large master bedrooms with private ensuites, one with an infrared sauna, the other with spa bath, laundry and separate bathroom, along with a third bedroom, complete with a fireplace, that could also make a lovely office.

Also, downstairs, where the original Cedar and Spotted Gum boards sing with character, the formal dining and sitting rooms have an open fireplace each and are registered for use as a restaurant, creating plenty of options.

Tucked away upstairs is a sitting room and fourth bedroom.

THE GUEST ACCOMMODATION

In addition to the homestead, there are two other accommodation options, suitable for multi-generation families or visitors, which due to their impressive nature, featured on the television program Postcards.

Arkenstone Cottage is a three bedroom, two bathroom home with a kitchen, laundry, outdoor entertaining area and two-car garage.

The delightful Bag End has been used as a bed and breakfast and has been completed with recycled materials, the outstanding feature being the beautifully renovated spacious bedroom inside an old concrete water tank.

It is something that cannot be fully appreciated until you are standing there, marvelling at the round room. The floors are a gleaming, polished concrete, with a small bathroom and kitchen, complete with a copper wood fire inside and a hot tub on the verandah.

THE OUTDOOR OPTIONS

The property has been set up for use as a function centre with the picture perfect terraced gardens having played host to dozens of weddings.

In addition to the restaurant licence, there is a liquor licence for the fully enclosed external bar, and a licensed commercial kitchen.

Adjacent to the house is a covered, walled garden with the capacity to use for functions, receptions or simply family use, which in turn leads to a fully enclosed bar and bathroom facilities.

Other features that set Rivendell apart include a six seater spa and changeroom at the end of the orchard, an external library room with its own wood fire, a designated carpark and even a children's play area.

There is also a covered chook run and raised vegetable gardens, making fresh produce available to go straight to the kitchen.

The range within the orchard is incredible with native limes, bananas, avocadoes and grapefruit, stone fruits from cherries to plums, apricot to clingstone peaches, and citrus including orange and mandarin.

A mulberry tree, a plum and the orange trees are estimated at over 100 years old.

THE FARM

On the farming side of the business, the 110-acre property has approximately 300 metres of river frontage, cattle yards, and spring fed billabongs, from which a solar pump sends water to two holding tanks that feed the gardens and troughs.

There is a 55 megalitre irrigation licence from the Tambo River which can also be used for stock and domestic purposes.

For the horse lovers there are undercover stables with a washdown bay, a large round yard and several sheds for ample storage.

The farmland, including lush river-flat, currently easily stocks 25 cows and calves but is capable of more, while shade is not a problem with thousands of trees in several plantations, including varieties like mahogany and spotted gum, planted under a forestry scheme 13 years ago, that can be harvested and replanted.

Inspections strictly by appointment only, please call Michael Capes 0418 514 258

Property History for 926 Stephenson Rd, Tambo Upper, VIC 3885

A timeline of how this property has performed in the market
  • 20 Jan 2021
    Listed for Sale $2,700,000

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About Tambo Upper 3885

The size of Tambo Upper is approximately 42.4 square kilometres. It has 2 parks covering nearly 45.9% of total area. The population of Tambo Upper in 2011 was 286 people. By 2016 the population was 311 showing a population growth of 8.7% in the area during that time. The predominant age group in Tambo Upper is 40-49 years. Households in Tambo Upper are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tambo Upper work in a trades occupation. In 2011, 92.2% of the homes in Tambo Upper were owner-occupied compared with 90.2% in 2016..

Tambo Upper has 166 properties. Over the last 5 years, Houses in Tambo Upper have seen a 94.12% increase in median value. As at 31 October 2024:

  • The median value for Houses in Tambo Upper is $868,996 while the median value for Units is $285,647.
There are currently no properties listed for sale, and no properties listed for rent in Tambo upper on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Tambo upper.

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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.