339 Belgrave-Gembrook Road

Emerald VIC 3782

1437 m²

House

Last sold for $775,000

Lana Maher, last sold this property on 03 February 2026 after 642 days on market.

Overview

Where Lifestyle Meets Opportunity in the Heart of Town with Valley Views!

Perfectly positioned in the vibrant heart of town and set on an expansive 1,437m² allotment, this exceptional mixed-use property delivers a rare opportunity to seamlessly combine lifestyle, business and investment. Offering the comfort of a private residence with the convenience of operating a business from home, everything you need is quite literally at your doorstep — cafés, shops, schools and local amenities all within an easy stroll. Zoned Mixed Use, the property comprises a charming three-bedroom weatherboard residence complemented by a fully self-contained studio with its own independent access via Madigans Way. Ideal as a home office, consulting space, guest accommodation or an additional income stream, the layout offers outstanding flexibility to suit a variety of lifestyles and commercial pursuits. Enjoy tranquil valley views, established gardens providing privacy and a peaceful outlook, along with ample off-street parking and the valuable advantage of dual road frontage — enhancing access, exposure and future potential. While the home feels privately tucked away, its prominent main street position ensures exceptional visibility for any business venture. Whether you’re seeking a live–work solution, a strategic investment, or future development potential (Subject to Council Approval), this tightly held offering presents endless possibilities. With all services connected, this is a rare and compelling opportunity to secure lifestyle, income and long-term value in one outstanding package.

Features

3 bedrooms

2 bathrooms

4 carspaces

4 open car spaces

1437 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Emerald over the last 12 months, the estimated median property value of 339 Belgrave-Gembrook Road is $867.5k.

Median value

$867.5k

Estimated value range

$720k - $1.45m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Emerald. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.