328 Gravelly Point Road, Raymond Island, Vic 3880

$1,150,000

House
Type
3
Bedrooms
2
Bathrooms
2
Parkings
6.38 ha
Area

Published on Thursday, March 12, 2026 ( See property details for 328 Gravelly Point Road, Raymond Island, Vic 3880)

$1,150,000

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A unique, off-grid lifestyle property on 6 hectares with direct lake access, income potential, and versatile living options near Raymond Island.

🏡 Property Highlights

  • Positioned on approximately 6 hectares with direct backing onto Lake King, offering stunning water views.
  • Fully off-grid with a solar power system, ensuring sustainable living and energy independence.
  • Includes a well-appointed main residence with modern renovations, built-in robes, and ceiling fans.
  • Separate cabin with kitchenette and bathroom, ideal for guests, additional accommodation, or a private studio.
  • Potential for further development with a large shed suitable for conversion into a second dwelling or workshop (permits pending).
  • Successful Airbnb operation generating substantial income, with the option to purchase fully furnished.

✨ Key Features

  • Waterfront / Views
  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Garage
  • Shed
  • Home Office / Study
  • Pet-Friendly
  • Solar Panels
  • Ceiling Fans

Raymond Island offers a tranquil rural lifestyle with stunning lake views and natural beauty. The area is renowned for its outdoor activities, including boating and fishing, and provides a peaceful community atmosphere. Its proximity to nature reserves and local amenities makes it ideal for those seeking privacy and a relaxed pace of life. The island's unique environment supports sustainable living and outdoor recreation, making it a highly desirable location for lifestyle buyers and investors alike.

Is the property suitable for off-grid living?
Yes, the property is fully off-grid with a solar power system and tank water supply, making it ideal for sustainable, self-sufficient living.
Can the large shed be converted into a second dwelling?
The shed includes internal structures framed for potential conversion into a second dwelling or workshop, subject to permits and council approval.
What are the income opportunities with this property?
Currently operating as a successful Airbnb, the property offers substantial income potential, with the option to purchase fully furnished for added convenience.
Is there direct access to Lake King?
Yes, the property backs directly onto Lake King, providing stunning water views and private access to the lake.
What additional features does the separate cabin offer?
The cabin includes a kitchenette, bathroom, and toilet, making it suitable for guest accommodation, additional living space, or a private studio.
Are there any restrictions or permits required for converting the shed into a second dwelling? What are the ongoing maintenance costs associated with the solar power system and water tanks? Are there any zoning restrictions or easements affecting the property development potential? Is the property at risk of flooding or bushfire, and what precautions are in place? Are there any planned developments or construction activities nearby that could impact privacy or views? What are the strata or body corporate considerations, if applicable? Are there any hidden costs for connecting additional utilities or services? Is the property compliant with all local council regulations and building codes? What is the history of any previous damage or repairs to the property? Are there any restrictions on the use of the land for commercial purposes or further subdivision?

328 Gravelly Point Road, Raymond Island, Vic 3880 - More Details

$1,150,000

Type
House
Bedrooms
3
Bathrooms
2
Parkings
2
Area
6.38 ha

Price guide

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