Karra Downs: A Rare Waterfront Estate on the Gippsland Lakes
One of East Gippsland's Most Significant Waterfront Landholdings
Christie's International Real Estate Victoria is proud to present Karra Downs, a remarkable 180-acre waterfront estate situated on the shores of the Gippsland Lakes in East Gippsland.
Located at 160 Nungurner Jetty Road, Nungurner, the property represents one of the most significant private landholdings to be offered to the market in the region in recent years. Held by the Kepper family for more than four decades, Karra Downs combines extensive water frontage, quality improvements, agricultural versatility and a rich local history.
Exceptional Waterfront Position
Set across approximately 180 acres, Karra Downs enjoys approximately 1.8 kilometres of direct frontage to Bancroft Bay and Boxes Creek, with private jetty access providing a unique connection to the Gippsland Lakes.
The estate offers an exceptional combination of coastal beauty and rural functionality, creating a lifestyle opportunity rarely found within Victoria's premium property market.
A Generational Family Estate
Since 1985, Karra Downs has been carefully maintained and enhanced under the stewardship of the Kepper family.
The estate features a substantial five-bedroom main residence positioned to maximise panoramic water views across Bancroft Bay. Floor-to-ceiling glazing, multiple living and entertaining spaces, modern kitchen facilities and expansive outdoor terraces create a seamless connection between the home and its natural surroundings.
Complementing the main residence is a well-appointed Manager's Cottage offering four bedrooms, two bathrooms and generous living spaces overlooking Boxes Creek. The additional accommodation provides flexibility for extended family living, guests or estate management.
Rich History and Unique Heritage
Karra Downs holds an intriguing place within Victoria's wartime history. During World War II, the property's undulating landscape was selected as a strategic location for lodging RAAF radio operators due to its naturally protected position.
Following its acquisition by Australian technology entrepreneur George Kepper, the property's aviation connection continued with the development of the nearby Great Lakes Airfield, enabling convenient fly-in access to the estate.
Today, the property stands as a rare blend of historical significance, natural beauty and modern lifestyle amenity.
Lifestyle, Agricultural and Future Potential
Offered across five individual titles, Karra Downs provides exceptional flexibility for future ownership.
Its proximity to Metung, Lakes Entrance and Bairnsdale further enhances its appeal, offering convenient access to services while maintaining complete privacy and seclusion.
Exclusive Listing
Christie's International Real Estate Victoria's Sean Cussell has been exclusively appointed to market Karra Downs.
With its substantial landholding, extensive waterfrontage, historical significance and exceptional location, Karra Downs represents a truly rare acquisition opportunity within Victoria's luxury property market.
For further information regarding Karra Downs, located at 160 Nungurner Jetty Road, Nungurner, contact Sean Cussell at Christie's International Real Estate Victoria.
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