OFF MARKET

162 Eurunderee Lane
Eurunderee NSW 2850

Bedrooms: 4
Bathrooms: -
Car spaces: -
Floor area: 220m2
Land area: 118800m2
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Property Details for 162 Eurunderee Lane, Eurunderee

Building Type
Rural
Year Built
1950
Floor Size
220m2
Land Size
118800m2
Local Government
Mid-Western Regional
Lot/Plan
3/DP578884

Last Listing description (October 2024)

LAWD is delighted to bring to market Di Lusso Estate - an exceptional vineyard estate offering bespoke Italian varietals.

Situated in the heart of a thriving wine region, Di Lusso Estate presents a remarkable investment opportunity steeped in both tradition and potential. The property spans approximately 15 acres, dedicated to a rich tapestry of Italian varietal grapes and complemented by groves of olive trees and fig orchards. The estate boasts a state-of-the-art winery, capable of producing up to 100,000 litres of fine wine annually, with current outputs at 60,000 litres, a charming homestead with guest accommodation potential, and a vibrant cellar door alongside the esteemed Cucina Di Lusso restaurant. Adding to its allure is a licensed wedding and events venture with significant revenue possibilities, supported by stable financials reflecting a turnover of approximately $1.2 million and EBITDA of $300,000 per annum. With an extensive inventory, Di Lusso Estate stands as the region's most sought-after cellar door, underpinned by a loyal community of over 10,000 members.

Key investment highlights include:

- One of Mudgee's busiest cellar doors and restaurants with established local and tourist patronage
- A recently licensed wedding and group function business, able to hold 20 events each year (potential up to $250,000 pa)
- Consistent business performance based on stabilised turnover circa $1,200,000 and EBITDA averaging circa $300,000 pa
- Established direct to consumer database with 10,000 loyal members
- The estate incudes approximately 6.07* hectares planted to Italian varieties including: Sangiovese, Barbera, Nebbiolo, Lagrein, Pinot Grigio, Aleatico, Vermentino and Picolit, with 400* olive trees and 120* fig trees
- A separate, leased vineyard of 2.83* hectares planted to four varieties (Lagrein, Nebbiolo, Cabernet Sauvignon and Arneis)
- A fully equipped working winery (720* square metres) built to produce up to 100,000 litres of wine a year. Current production is around 60,000 litres
- The homestead, consisting of three bedrooms and a large openplan kitchen and living room and a recently fitted-out separate studio apartment standing in its own one* acre garden

*Approximately

For sale by Expression of Interest closing 2pm (AEST) Friday 3 May 2024.

For further information, please contact our agents.
Nick Butler | 0458 672 643
Mark Mudford | 0419 637 543

Property History for 162 Eurunderee Lane, Eurunderee, NSW 2850

A timeline of how this property has performed in the market
Last Sold
$242,500
13 Mar 1999
  • 17 May 2024
    Listed for Sale Contact Agent
  • 13 Mar 1999
    Sold for $242,500

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About Eurunderee 2850

The size of Eurunderee is approximately 48.3 square kilometres. It has 8 parks covering nearly 1.3% of total area. The population of Eurunderee in 2011 was 324 people. By 2016 the population was 149 showing a population decline of 54.0% in the area during that time. The predominant age group in Eurunderee is 60-69 years. Households in Eurunderee are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Eurunderee work in a managers occupation. In 2011, 83.6% of the homes in Eurunderee were owner-occupied compared with 75.4% in 2016..

Eurunderee has 139 properties. Over the last 5 years, Houses in Eurunderee have seen a 67.71% increase in median value. As at 30 September 2024:

  • The median value for Houses in Eurunderee is $1,060,350.
There are currently no properties listed for sale, and no properties listed for rent in Eurunderee on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Eurunderee.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.