A popular holiday retreat in Victoria’s northeast that’s attracted guests from across Australia and the world is for sale.
Vendor Genevieve Milham has spent about a decade developing the 2ha Planetrees Estate in Stanley into a successful short-stay accommodation business featuring a Tuscan-style villa, log cabin, sprawling gardens and a natural pondlike pool.
She’s hosted holiday-makers from Melbourne, Sydney and as far as Abu Dhabi and France, with the property booked every weekend “and then some”, and has also lived in the villa herself.
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But Ms Milham is now parting ways with 819 Stanley Rd, saying it’s time for her to move on to a new project — and let someone else take the estate to the next level.
She has $2.45 million price hopes for the property, which is about a 10-minute drive from Beechworth and reaped a $125,000 income last year.
Ms Milham said it was “virtually a paddock with trees and buildings at various levels of disrepair” when she bought it in 2008.
She used her background in architecture and design to fully renovate the buildings and create the spectacular garden, which she’s opened up to green thumbs over the years.
Her frequent travels to Europe influenced her design choices.
The property now contains a Tuscan-style house featuring living areas with exposed timber beams and a gourmet kitchen, where Ms Milham lives and which also features a self-contained “Art Suite” holiday-makers can lease.
Then there’s “The Lodge” — a log cabin holiday rental that sleeps 10.
Also nestled on the manicured property are a series of “garden rooms”, a giant chess board and bocce areas, 72 olive trees, an orchard, vegie and herb gardens, and a natural pool.
McQueen Real Estate director Kim McQueen said taking a dip in the latter was like “swimming in a pond”.
“There’s nothing like (this property),” Ms McQueen said.
“It’s been 10 years in the making, and it’s been Gen’s dream.”
Ms Milham said while she’d poured her heart and soul into the estate, it still had “enormous potential” to be developed further — perhaps to incorporate a wedding venue, or a yoga, meditation or corporate retreat.
The property’s large shed in particular had scope for a revamp, she said.
“I’m quite a reluctant vendor. It’s an oasis (that offers) an incredible, beautiful way of life,” she said.
“But I feel it’s time for the next person to come in and outlay a new vision.”
Ms McQueen expected the estate to appeal to buyers seeking a “private compound” with plenty of room for friends and family, or someone hoping to live there and run a business from it like Ms Milham had.