ON the hunt for their dream rural property, Jaci and George Augustes came across Caradon in 2008.

It is a grand house in tribute to Bendigo's opulent gold mining era.

It may have waylaid them en route to their "forever" home, but the couple wasted little time in transforming the former bed and breakfast into a magnificent family abode.

    CARADON
  • BENDIGO
  • Property: residential/commercial
  • Size: 1400sqm
  • Price: $1.1-$1.2 million
  • Agent: Dungey Carter Ketterer, Bendigo
  • Contact: Drew Cahill, (03) 5440 5017

 "We fell in love with it, it was a little dated, but we just adore old houses - we like freshening them up and renovating, " Jaci said.

Designed by noted architect Wilhelm Vahland in 1899, the two-story red-brick house has six bedrooms, five bathrooms, formal lounge and dining rooms, library, casual dining and family rooms and new chef's kitchen with every modern convenience.

There's also a large rumpus room and cellar and a separate two-story brick and timber stable incorporating workshop, horse stable and storage.

The couple are moving to support their daughters in their final years of school in Melbourne and Ballarat.

"We love the area and are moving much sooner than anticipated; we thought the house would be full of teenagers a lot longer," Jaci said.

The property is in the Bendigo suburb of Eaglehawk, 6km from the heart of town and zoned Business 1, making it ideal as accommodation or professional rooms with private residence.