See video link to Caramar Homestead

Retreat to your own little piece of the country and soak up the quiet rural atmosphere with this glorious and very manageable ten acre property located surprisingly close to shops, schools, wineries and beaches.

Set back from the roadway behind a timbered nature strip which creates privacy, this attractive rural property is entered between stone gate posts along a driveway flanked on each side by pony paddocks scattered with Gum trees.

The road way curves around to reveal the substantial ranch style bluestone lodge of unique character and timeless design.

Built in 1974 to the owner’s requirements the property has catered for a large family and many friends who have all enjoyed this comfortable home in its beautiful natural environment of more than 10 acres for over 37 years. Situated on top of Mount Martha it provides commanding rural views toward Red Hill and Main Ridge and overlooks the Martha Cove Inland Harbors and their access waterways.

Remote from the residence, an impressive Swim School building together with car parking spaces approached by separate access from the road and within its own fenced area all hidden by trees provides a sizeable income from the lessee who operates the business to a restricted day time schedule. It is closed for public use on Sundays and public holidays and the lease agreement allows for the landlord’s conditional private use of the pool facilities during those times of closure.

Also remote from the home and approached by a separate driveway is more garaging suitable for truck parking connected to a large builder’s workshop with washroom, toilet and lunchroom, which has provided additional income. There are some other stylishly built sheds for firewood and storage and also an aviary. As well as the mains supply, ample water is available from large underground tanks and a dam. For outdoor entertaining there is a large decked area, a built-in furniture unit, barbeque and an in-ground trampoline, all with scenic views beyond a small orchard and vegetable garden.

OTHER FACILITIES & FEATURES

This is a low maintenance home with copper spouting and downpipes, natural stone walls, timber windows and doors that are well protected from the weather by the verandahs. Aside from the large open fireplace in the living area for which there is ample firewood obtainable from the treed property, it also has a split system air-conditioner. All other rooms on ground level have in floor slab heating and full length sliding doors to the verandahs as do the open living lounge and dining room. It has an in-built vacuum cleaning system. Floors are a tasteful and practical combination of carpet, natural slate, parquetry and tiles. Two large bedrooms and one of the bathrooms are situated in the attic space at one end of the building which takes up only two fifths of the available roof space, the balance of which could be utilized if further extension or accommodation was required. Both full length verandahs could also be either partially or entirely enclosed with glass and other walling to create additional living space, without detracting from the appearance of the building. Below the large double garage which is incorporated in the house on the main level, is another large basement garage accessed from the circular driveway which surrounds the home, backyard lawn and outdoor entertainment area.
It is not unusual to spot a Koala in the Manna Gums and the occasional Wallaby or Kangaroo grazing in the paddocks, while a large variety of native birds frequent the tranquil bushland environment.

A pleasant lifestyle has been enjoyed by the family who has lived on this property for 37 years. Now there is opportunity for another fortunate family or many others to enjoy, if the home is made available as a Bed and Breakfast facility and/or some other approved commercial use. This site is situated directly opposite the Mount Martha Public Reserve on a sealed road and is only minutes from 2 golf courses, local beaches, the Martha Cove Marina, Mount Martha Village shops, schools and freeways linking Mount Martha to Melbourne and other parts of the beautiful Mornington Peninsula.

OTHER POTENTIAL SOURCES OF INCOME

Aside from the possibility of converting the residence to a 6-12 person Bed and Breakfast facility it could easily be converted without structural alterations into three separate dwellings under the same roof – one three bedroom self contained residence with ensuite and bathroom, a two bedroom self contained unit and a one bedroom self contained unit.

It is permissible in its zoning to construct a caretaker’s residence on this property and there is an ideal location for this on a level area at present used as a play area with the trampoline. It is also permissible to utilize the site for farming purposes and it may also be possible to provide health spa accommodation in co-operation with the swim centre operator.