101 Balnarring RoadBalnarring VIC 3926
Property Details for 101 Balnarring Rd, Balnarring
Last Listing description (September 2024)
LAWD, appointed as the exclusive sales agents, are delighted to present to market the highly acclaimed Hurley Vineyard and Winery - a unique and ultrapremium slice of terroir on the Mornington Peninsula.
Key investment highlights include:
- One of Australia's finest Pinot Noir Vineyards (3.4 hectares constituted by the individual vineyards Lodestone, Hommage, Garamond and Ruby) established in 1998 on a special parcel (7.4 hectares) in the Balnarring sub-region of Mornington Peninsula
- Separate meticulously restored original cottage (circa 1876) with huge potential for accommodation revenue
- A charming and fully equipped winery purpose-built for the employment of traditional winemaking techniques in making Hurley Vineyard Pinot Noir
- Incredible direct to consumer sales base with average sale price of $90 per bottle - supply massively exceeded by demand
- Established wholesale distribution to Australia's best restaurants and fine wine retailers as well as cellar door sales
- Opportunity to expand vineyard plantings and increase vine density
- Sale includes vineyard and winery plant and equipment
For Sale Via Expression of Interest - closing 2pm (AEST) Friday 26 April 2024
Figures relating to the property size and the area under vine are warranted by the vendor with a survey completed in March 2024.
For further information, please contact our agent.
Nick Butler 0458 672 643
Property History for 101 Balnarring Rd, Balnarring, VIC 3926
- 17 May 2024Listed for Sale Contact Agent
- 04 Nov 2010Sold for $550,000
- 24 Oct 2010Sold for $167,000
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0About Balnarring 3926
The size of Balnarring is approximately 26.7 square kilometres. It has 11 parks covering nearly 4.8% of total area. The population of Balnarring in 2011 was 2,526 people. By 2016 the population was 2,267 showing a population decline of 10.3% in the area during that time. The predominant age group in Balnarring is 60-69 years. Households in Balnarring are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Balnarring work in a professional occupation. In 2011, 85% of the homes in Balnarring were owner-occupied compared with 85% in 2016.
Balnarring has 1,212 properties. Over the last 5 years, Houses in Balnarring have seen a 41.98% increase in median value, while Units have seen a 29.00% increase. As at 31 October 2024:
- The median value for Houses in Balnarring is $1,199,189 while the median value for Units is $641,007.
- Houses have a median rent of $700 while Units have a median rent of $483.
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