This five-bedroom Echuca home includes four guest-ready units and a pool, and has averaged $140k-$150k in yearly income.
A five-bedroom home just metres from the Murray River could cover its own mortgage, thanks to four income-producing guest units already running as a short-stay business.
Set on a 1439sq m block at 3-7 Henry St, the Victorian-style residence blends timeless character with modern comfort.
The property comes with a saltwater pool, formal and casual living zones, an executive-grade home office and four self-contained guest units at the rear.
The estate is currently operating as the long-established Acacia Terraces.
The guest units typically charge $150-$170 a night, or up to $210 in peak season or for one-off bookings.
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Based on 80 per cent occupancy, the business could generate between $140,000-$150,000 per year, with plenty of potential to scale further.
A 7.5 per cent short-stay levy introduced by the Victorian government in January would apply.
Acacia Terraces has been running for nearly two decades, earning a loyal base of returning guests and strong word-of-mouth appeal, despite never advertising or using social media.
McGrath Coburg/Brunswick agent Kelli Johnson said the property offered one of the most comprehensive lifestyle packages she had seen in the region, with both residential and commercial appeal.
The granite-bench kitchen flows into a light-filled meals area that opens to the alfresco and pool — perfect for family living or entertaining guests.
A timber feature staircase connects the ground floor to four spacious upstairs bedrooms, blending classic charm with modern family functionality.
“It’s a prestige family home and a business all in one,” Ms Johnson said.
“You’ve got five bedrooms, a pool, a flexible home office and four fully equipped guest units, all just 30 seconds from the Port Precinct.”
“There’s nothing else like it in Echuca at the moment, and it’s all set up and ready to go.”
The main living space offers views to the pool and undercover alfresco, ideal for relaxed indoor-outdoor living near the Murray River.
A saltwater pool anchors the backyard, part of a 1439sq m lifestyle package just moments from the Port of Echuca.
Each of the rear units is fully self-contained and includes an open-plan living, dining and kitchen area, a large central bathroom with separate bath and shower.
It also features a European laundry, generous bedroom with walk-in robe, private courtyard, split-system heating and cooling, and off-street parking.
Ms Johnson said the business was ready to go with a loyal customer case.
“The current owners have run it successfully for nearly two decades, and there’s still plenty of upside if someone wants to scale it through Airbnb, Instagram or digital booking platforms,” she said.
The home’s central kitchen features granite benchtops, modern appliances and a walk-in pantry, all overlooking the outdoor entertaining zone.
The upstairs bedrooms include walk-in robes, while the downstairs bedroom with ensuite suits guests, clients or hybrid workers.
The sellers, Ashley and Sharon McGraw, have operated Acacia Terraces for close to 20 years and are now looking to downsize.
Inside the main residence, the home showcases period-inspired design, including timber floors, a feature staircase and ornate finishes, balanced by modern conveniences such as ducted heating and cooling, a granite-bench kitchen, and an open-plan meals area that flows onto a large undercover alfresco with a built-in barbecue, bar fridge and pool access.
At the rear, four fully self-contained units operate as Acacia Terraces, a boutique short-stay business with repeat guests and 20 years of success.
Each guest suite features a kitchen, living and dining area, walk-in robe and private courtyard with split-system comfort throughout.
“It’s not just a big house, it’s beautifully finished,” Ms Johnson said.
“It would suit a growing family, a multigenerational buyer, or even someone who wants to run a boutique retreat or small business from home.”
The floorplan includes a downstairs bedroom or office with walk-in robe and ensuite — ideal for hybrid workers or visiting clients — plus four bedrooms upstairs, three with walk-in robes.
The family bathroom is finished in Travertine stone, and there’s also a full-size laundry with external access.
Other features include a two-car garage, a separate workshop or studio, and additional off-street parking for guests or boat trailers.
Each guest suite features a kitchen, living and dining area, walk-in robe and private courtyard with split-system comfort throughout.
The guest units are fully self-contained and ready to go, with strong occupancy and scope to grow via Airbnb or digital marketing.
The McGrath Coburg/Brunswick agent said it is a true lifestyle reset for someone coming from the city who still wants flexibility, income and space.
“You can walk to the river, leave the car at home, and live and earn without compromising,” Ms Johnson said.
The home is within walking distance of the historic Port of Echuca, cafes, wine bars, riverfront parks and boat moorings, and is zoned for Echuca College and Echuca Primary School.
The property is for sale via expressions of interest with a price guide of $2.4m-$2.6m.
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