FOR SALE
$4,000,000 - $4,400,000

88 Shoreham Road
Red Hill VIC 3937

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 5.06ac
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Versatile Business Opportunities & Expansion Potential - Business Available to Purchase Separately with Lease

Introducing 6 Cherry Road, also known as 88 Shoreham Road, a truly remarkable property nestled on a single title encompassing approximately 5.06 acres of serene landscape. Central to this estate is the captivating 'Brewers Cottage,' a tastefully renovated 3-bedroom residence boasting a secluded courtyard and outdoor entertainment area, distinct from the primary brewery enclave. The property is rated for commercial and agricultural use, therefor is currently exempt from land tax.
Noteworthy is the property's possession of a rare permit allowing brewery operations within a green wedge zone, designated for agricultural purposes such as hop cultivation. At its core lies the acclaimed Red Hill Brewery, a recipient of accolades since its establishment in 2005. Surrounded by renowned wineries, dining establishments, and local produce, this locale presents an unparalleled opportunity for such a distinctive property. Its strong local presence, coupled with proximity to Melbourne, further bolsters its appeal for prospective buyers.
The property features a commercial kitchen with a seating capacity for 40 people, a unique Brewhouse along with ancillary structures and equipment. Ample shedding capacity facilitates on-site production and dispatch. Complementing these facilities are the Beer Garden, parking areas, paddocks, a dam, and the aforementioned renovated cottage. Transitioning seamlessly from the bar to the covered terrace and cascading into the beer garden, patrons are treated to a relaxed and tranquil ambiance amidst mature trees and inviting surroundings.
With a general liquor license in hand, the brewery offers a comprehensive range of beverages to patrons. This multifaceted offering not only includes the acquisition of a highly esteemed business and brand, which has garnered widespread acclaim within the craft brewery industry over seventeen years, but also holds promise for further expansion under new stewardship.
88 Shoreham Road not only presents a lucrative investment opportunity but also offers the enticing prospect of a harmonious lifestyle within the world-class Mornington Peninsula region.
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Property Details for 88 Shoreham Rd, Red Hill

88 Shoreham Rd, Red Hill is a 3 bedroom, 1 bathroom AcreageSemi-rural with 2 parking spaces. The property has a land size of 5.06ac. The place is currently for sale with Homes and Acreage.

Building Type
AcreageSemi-rural
Land Size
5.06ac

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About Red Hill 3937

The size of Red Hill is approximately 23.5 square kilometres. It has 6 parks covering nearly 3.8% of total area. The population of Red Hill in 2011 was 734 people. By 2016 the population was 915 showing a population growth of 24.7% in the area during that time. The predominant age group in Red Hill is 60-69 years. Households in Red Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Red Hill work in a professional occupation. In 2011, 82.8% of the homes in Red Hill were owner-occupied compared with 81.7% in 2016.

Red Hill has 628 properties. Over the last 5 years, Houses in Red Hill have seen a 11.56% increase in median value, while Units have seen a 51.50% increase. As at 31 October 2024:

  • The median value for Houses in Red Hill is $2,612,658 while the median value for Units is $1,892,659.
  • Houses have a median rent of $780.
There are currently 6 properties listed for sale, and 1 property listed for rent in Red hill on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Red hill.

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