NEWS

Mount Stuart House exemplifies increased buyer demand for rural and regional lifestyle properties

Colliers International’s burgeoning Lifestyle Estates division sells more than $6.5million of prestigious residential property in Daylesford

Iconic Daylesford mansion Mount Stuart House (c1860) has sold for a record sum, cementing the boutique spa town as a hotspot for investors to take advantage of one of Victoria’s most popular tourist destinations.

Colliers International’s Kim McQueen negotiated the $2million transaction.

This result quickly follows the sales of Italian Hill, Boat Shed Villas on Lake Daylesford and Luana at 7 Duke Street, culminating in more than $6.5million worth of Daylesford lifestyle property sold by Colliers International in recent months.

Steeped in rich period history, Mount Stuart House is set on a 1507sqm lush garden site in Daylesford’s church precinct. It was originally built as a grand family mansion and later occupied as a hospital for repatriated soldiers, a bed-and-breakfast enterprise and, for the past seven years, a family residence.

Ms McQueen said the property was suitable as a refreshed business venture or a private getaway.

“The buyers, who wish to remain anonymous, have great plans to return Mount Stuart House to its former glory,” she said.

“This property represented a unique opportunity for them to own a truly iconic property in the heart of Daylesford, only a stroll from all the wonderful attractions, restaurants and galleries in this world-famous spa town.”

The record prices achieved for Mount Stuart House and Italian Hill indicate the current heightened interest in Victoria’s spa country as a genuine lifestyle location, Ms McQueen said.

Colliers International Lifestyle Estates Daylesford Mount Stuart House residential property

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