Castle in Research Victoria listed for $1.6 million-plus

If you’ve ever imagined yourself in shining armour, you can now secure your very own castle in Research, Victoria, listed with a price guide in excess of $1.6 million.

But as it was listed last year, it appears there's not too many knights around these days.  

The ten-bedroom, eight-bathroom Crest Castle is located on Crest Road and features turrets, bluestones, a lagoon, rough sawn timbers and a treetop footbridge.

The 4,392-square-metre lot also hosts a self-contained unit.

Crest Castle was built in the 1970s by an English bricklayer and in the 1980s underwent a major overhaul to turn the family home into an aged care facility.

In the late 80s, the requirement for age care facilities changed and Crest Castle was shut down, lying dormant for ten years.

The current owners have lived in the castle for over 12 years, after overhauling the property.

The property holds a permit for 30 guests, allowing it to act as a bed-and-breakfast business, charging $195 to $220 per night.

Selling agent Tristan Messerle of Morrison Kleeman Estate Agents Eltham says the current owners operate the bed-and-breakfast out of their home as a hobby.

Messerle says there has been interest in turning Crest Castle into a reception, however the small block does not offer much parking. 

The median house price in Research is $612,500, according to RP Data.