6551 Goulburn Valley Highway, Yea VIC 3717

Historic "Monavale" located by the Tallarook-Mansfield Rail Trail at Homewood provides opportunities for the astute purchaser to acquire a dwelling which could be lived in as is or be updated into something spectacular. Thomas and Jane Gill settled on the property known as Monavale in 1866 and raised 12 children. In 1874 Thomas Gill was the instigator of a school which was held with the Red Gum slab barn that still stands. The School was known as "Gills Gully State School". The dwelling constructed in 1938 is shaded by a large Oak tree and provides a good standard of living with accommodation including three bedrooms, kitchen/meals, lounge, bathroom, entry and laundry. The home has lovely period features throughout which include high ceilings, timber floors and timber panelling. The four acre site is divided into three paddocks and features very good water storage (approx. 80,000 litres) together with the added benefit of a seasonal creek. Ancillary improvements include a large carport/shed and rustic timber hut (formerly Gills Gully School) with power. Monavale has Goulburn river valley views and would be the perfect location for cyclist focused accommodation. This is an excellent opportunity to purchase an affordable rural lifestyle property with significant history and potential for renovation in a tightly held and well regarded locality.