Situated in the renowned boutique wine tourist destination of Lovedale on one of its most sought-after addresses, Manzanilla Ridge offers a versatile and unique luxury lifestyle investment opportunity.
The well-established, owner operated short-stay tourist cottages, partner with the sprawling family home on an elevated 52 acres with breathtaking views of the Brokenback and Watagan Mountain Ranges. Slightly undulating the diverse block is lightly timbered with pockets of cleared land providing a comforting sense of privacy and exclusivity for the owners and guests alike.
Consisting of 2 two-bedroom and 2 three-bedroom timber cottages, each providing a rich sense of country character with exposed Oregon beams, cathedral ceilings, heated outdoor spa taking in the stunning views, wood combustion heater for the crisp winter nights and covered entertaining deck.
The main residence is highly accommodating for the needs of a large family with 6 bedrooms, 4 bathrooms, family room, large open plan living and dining which transitions effortlessly from the kitchen to the outdoor living space with built in pizza oven - perfectly designed to accommodate for social gatherings.
Property highlights include:
* Heated inground lap pool for exclusive use of the main residence
* 4 self-contained timber cottages holiday let as short-stay tourist accommodation
* Perpetual DA approval for 2 more cottages
* Machinery sheds
* Large wine cellar
* Dams and PID allocation
* Back to grid solar
* Access to black creek
Whether you are looking to for a lifestyle change that allows you to live and work in the Hunter Valley and enjoy the delights of the area or a weekend retreat with income, Manzanilla Ridge offers an exciting opportunity.
The size of Lovedale is approximately 43.8 square kilometres. It has 3 parks covering nearly 16.1% of total area. The population of Lovedale in 2011 was 339 people. By 2016 the population was 494 showing a population growth of 45.7% in the area during that time. The predominant age group in Lovedale is 60-69 years. Households in Lovedale are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Lovedale work in a professional occupation. In 2011, 81.5% of the homes in Lovedale were owner-occupied compared with 86.1% in 2016.
Lovedale has 419 properties. Over the last 5 years, Houses in Lovedale have seen a 82.19% increase in median value. As at 31 October 2024:
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