Comprising 125 acres /50.5 ha this exclusive Yarra Valley property boasts both Yarra River and Maroondah Hwy frontage with neighbours including “Oak Ridge”, “Cherry Hills” Coldstream Orchard, “Rochford”, “Levantine Hill Estate”, and “Domain Chandon”.
Property infrastructure includes an irrigation dam with a 20 megalitre irrigation license, a recently planted 15-acre vineyard, and an impressive 24 x 18-metre winery shed with mezzanine living, cellar door, and tasting area.
Set toward the northern end of the property is an elevated hill that offers the ultimate building site with panoramic northerly views across the Yarra River toward the Mountains, a spectacular rural vista.
Together with the vineyard, the property is used for grazing cattle and the fertile pastures are well fenced with a laneway system and excellent cattle handling facilities.
Positioned in a 25-ha minimum subdivision area 737 Maroondah Hwy could be subdivided (STCA).
With significant tourist developments continuing to be established in this corridor of the Yarra Valley, prime highway investment sites are becoming difficult to secure. “Mulberry Hill” offers a strategic opportunity to gain a significant foothold in this most sought-after location.