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.
All information has been obtained from reliable sources; however, prospective purchasers are advised to undertake their own investigation and due diligence.
