OFF MARKET

150 Red Hill Road
Red Hill VIC 3937

Bedrooms: 4
Bathrooms: 4
Car spaces: 1
Land area: 84665m2
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Property Details for 150 Red Hill Rd, Red Hill

Building Type
Commercial
Land Size
84665m2
Local Government
Mornington Peninsula
Lot/Plan
1/LP112988

Last Listing description (January 2010)

'VINES ESTATEnFOR SALE BY EXPRESSIONS OF INTEREST
CLOSING MONDAY 7 DECEMBER 2009
THE PROPERTY

IN THE HEART OF THE MORNINGTON PENINSULA'S PRESTIGIOUS HINTERLAND REGION, 20 ACRES OF LAND, ZONED GREEN WEDGE ONE AND LOCATED JUST ONE HOURS DRIVE FROM THE MELBOURNE CBD.
THE LAND CONTOURS GENTLY AND FEATURES AN ELEVATED NORTHERLY ASPECT. A GULLY SURROUNDS TWO DAMS AND A SPRING THAT TRAVERSES THE PROPERTY FROM WEST TO EAST. APPROXIMATELY ONE THIRD OF THE LAND TO THE NORTH OF THE GULLY IS UNDEVELOPED WITH OPEN GRAZING AND A NATURAL BUSHLAND SETTING.
IMPROVEMENTS INCLUDE LICENSED RESTAURANT AND CELLAR DOOR, SEPARATE LUXURY BOUTIQUE ACCOMMODATION COMPLEX/4 BEDROOM HOME AND WELL ESTABLISHED VINEYARD
ACCOMMODATION – “VINES COUNTRY HOUSE”
COMPLETED IN 2005 AND LOCATED IN ITS OWN VINEYARD SETTING AWAY FROM THE RESTAURANT IS A SEPARATE, PURPOSE BUILT ACCOMMODATION FACILITY. FULLY EQUIPPED TO OPERATE AS A “BED & BREAKFAST” OR EASILY OCCUPIED AS A SUBSTANTIAL FAMILY HOME.
CONSISTING OF FOUR LUXURY GUEST SUITES WITH NORTH FACING BALCONIES, LARGE LIVING/DINING AREA OPENING ONTO DECKING AND GARDEN TERRACE, LIBRARY/STUDY, FIFTH BEDROOM WITH ENSUITE AND OFFICE SITTING ROOM SUITED TO MANAGERS QUARTERS, SIXTH BEDROOM WITH ENSUITE LIVING/GYMNASIUM AND SAUNA, LARGE SEMI – COMMERCIAL KITCHEN WITH SEPARATE WALK IN PANTRY, LAUNDRY, DOUBLE LOCK UP GARAGE AND SEPARATE UNDER COVER CARPORT.
INCORPORATED WITHIN THE DESIGN IS HUGE WATER TANK CAPACITY OF 45,000 LITRES, TWIN HOT WATER SERVICES, FULL REVERSE CYCLE AIR – CONDITIONING THROUGHOUT, GAS LOG FIRE, EXTRA INSULATION AND SOUND PROOFING, COMMERCIAL SEWERAGE TREATMENT PLANT AND QUALITY FIXTURES, FITTINGS AND SOFT – FURNISHINGS THROUGHOUT.
RESTAURANT & CELLAR DOOR – “VINES OF RED HILL”
FULLY LICENSED AND SECURELY TENANTED 80 SEAT RESTAURANT IN A DELIGHTFUL GARDEN VINEYARD SETTING AND WITH WELL ESTABLISHED REPUTATION FOR FINE DINING.
A SUBSTANTIAL BUILDING IN ITS OWN RIGHT, THE RESTAURANT WAS COMPLETED IN 1995 AS THE FIRST OF ITS KIND IN THE AREA AND HAS ENJOYED CONTINUING SUCCESSFUL OPERATION SINCE.
THE SEPARATELY LICENSED CELLAR FACILITY IS A PARTICIPATORY MEMBER OF THE MORNINGTON PENINSULAS VIGNERONS' ASSOCIATION AND IS THE SOLE RETAIL OUTLET FOR THE SALE OF THE ESTATE'S RANGE OF PREMIUM WINES.
VINEYARD
ESTABLISHED BY T'GALLANT WINEMAKERS IN 1995, 6.5 ACRES OF PREMIUM MARITIME COLD CLIMATE PLANTINGS, 2 ACRES EACH OF PINOT NOIR, PINOT GRIS AND CHARDONNAY PLUS .5 ACRE OF GEWÜRTZTRAMINER.
A GRAPE PURCHASE AGREEMENT IS IN PLACE WITH SCOTCHMAN'S HILL GROUP P/L WHOSE CHIEF WINEMAKER IS RESPONSIBLE FOR THE PRODUCTION OF THE ESTATES WINE. EXCESS FRUIT IS PURCHASED FOR USE SEPARATELY BY SCOTCHMAN'S HILL IN THEIR OWN PRODUCTION.

Property History for 150 Red Hill Rd, Red Hill, VIC 3937

A timeline of how this property has performed in the market
Last Sold
$2,800,000
30 Aug 2013
  • 30 Aug 2013
    Sold for $2,800,000
  • 11 Dec 2009
    Sold for $2,175,000
  • 08 Nov 2009
    Listed for Sale Not Disclosed
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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, 14 properties were sold in the past 12 months in Red hill.

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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.