628 Axedale-Goornong RoadAxedale VIC 3551
Property Details for 628 Axedale-Goornong Rd, Axedale
Last Listing description (November 2021)
*UNDER OFFER*
Expression of Interest Closing - Friday 16th of July
Long term lease available
The Bendigo Wine Estate presents an excellent opportunity for qualified operators to engage with a premiere Bendigo vineyard. Located along Axedale-Goornong Road, the 20 year old vineyard is currently in its prime, producing consistent yields of primarily shiraz and cabernet sauvignon grapes. The property features an attractive cellar-door sales building (not currently in use) constructed with gabion exterior walls, timber frame and Colorbond roof to allow future tenants to provide an on site tasting and sales service.
The owners are committed to maintaining the long term viability of the vineyard and it is expected that the property will be leased as a vineyard for the entire lease term. This vineyard would suit an operator seeking to generate an ongoing return, a winery or brand-owner searching for a reliable source of high-quality red grapes.
Key property features include:
- 40 hectare vineyard planted with primarily shiraz and cabernet sauvignon
- Permanent irrigation entitlement from the adjacent Campaspe River
- Consistent yields of approximately 10t/Ha
- The Bendigo Wine Estate vineyard is offered for lease on a walk-in-walk-out basis. Plant & equipment is available with the lease (by negotiation)
- Interested parties should lodge an expression of interest in writing addressed to McKean McGregor
Property History for 628 Axedale-Goornong Rd, Axedale, VIC 3551
- 17 Nov 2022Listed for Sale Contact agent
- 15 Jul 2021Sold for $1,450,000
- 23 Jun 2021Listed for Rent - Price not available
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0About Axedale 3551
The size of Axedale is approximately 119 square kilometres. It has 5 parks covering nearly 15.4% of total area. The population of Axedale in 2011 was 571 people. By 2016 the population was 825 showing a population growth of 44.5% in the area during that time. The predominant age group in Axedale is 0-9 years. Households in Axedale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Axedale work in a trades occupation. In 2011, 89.1% of the homes in Axedale were owner-occupied compared with 86.9% in 2016.
Axedale has 547 properties. Over the last 5 years, Houses in Axedale have seen a 45.05% increase in median value, while Units have seen a 51.40% increase. As at 31 October 2024:
- The median value for Houses in Axedale is $749,297 while the median value for Units is $351,107.
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