A rare lifestyle and income opportunity in the heart of Glenlyon, this historic 1861 schoolhouse property comprises three separate dwellings on approximately 4857sqm, offering proven income potential for short-stay rentals, boutique B&B operations or creative studios. With its unique combination of history, space and versatility this property is one of a kind in this tightly held village.
Main Schoolhouse Residence
Originally built as Glenlyon's primary school, the main residence has been beautifully restored while retaining its historic charm, including five-metre high ceilings and spacious open-plan living. The kitchen features a 900mm gas cooktop, electric oven, dishwasher, built-in bar fridge and a generous butler's pantry with extra sink and utility space. The dining and living zones provide comfortable, inviting spaces for every day living and entertaining. A hidden reading/work nook behind a bookshelf adds character and practicality. The main bedroom accommodates a king-sized bed and sitting area, with a walk-in robe and private ensuite. A second multi-purpose room offers flexibility as guest or family/friends accommodation, study or reading room, complemented by a central bathroom with shower-over-bath.
Two Self-Contained Garden Studios
Two detached garden studios sit privately within the grounds, each with a verandah, kitchenette, bathroom, and independent access. These versatile dwellings offer immediate income potential through short-stay rentals, boutique B&B operations or artist retreats while also serving as multi-generational living or home offices. Having previously operated as a café and successful B&B, this property's three-dwelling configuration is exceptionally rare, making it a standout lifestyle and investment opportunity.
Outdoor Living & Lifestyle
Step outside to a generous north-facing covered deck creating an inviting space for year-round entertaining. The grounds feature expansive open lawns, mature trees and relaxed outdoor zones including a fire pit area and alfresco dining beneath a magnificent elm tree.
Village & Regional Location
Set along Glenlyon's iconic Avenue of Federation, the property enjoys a peaceful, picturesque village setting. • Walk to the Glenlyon General Store • 10 minutes to Daylesford's dining and wellness precinct • 15 minutes to Kyneton shopping & restaurant scene • 15 minutes to V/Line train for Melbourne access This is a rare opportunity to secure a Glenlyon landmark with three dwellings, offering a unique blend of historic character, lifestyle and proven income potential in one of the region's most sought-after villages.
**Disclaimer: Whilst every care has been taken to ensure the information provided is accurate, it has been obtained from sources believed to be reliable. Prospective purchasers should make their own enquiries and undertake their own due diligence to verify all information prior to making any decision.
