183 Arthurs Seat RoadRed Hill VIC 3937
Property Details for 183 Arthurs Seat Rd, Red Hill
Last Listing description (November 2021)
This unique property allows the buyer to pursue a range of options from residential to commercial to a mix of both. The picturesque property is set on approximately four private acres, with an array of unique buildings, including the converted stables, wrapped in established gardens filled with towering Manna Gums and bordered on three sides by 72 acres of original rainforest.
A unique nature based experience in the heart of Red Hill, the property has previously been utilised as an award-winning Eco retreat and presents outstanding potential as a dedicated conference centre, wedding venue, boutique hotel, wellness centre, even a family home with B&B accommodation or could easily be converted into an impressive private estate.
With excellent infrastructure, the property features 14 guest rooms, communal living rooms, three large conference rooms with break out areas, reception, well being centre with three treatment rooms and a commercial kitchen and comfortable caf space, while the grounds include a large kitchen garden, orchard, and ample parking. The property also features 15 kilowatts of solar capabilities and tank and bore water.
Located just over an hour from Melbourne, the comprehensive amenity with approved permits suits a diverse range of business models and is desirably situated in the heart of popular Red Hill opposite the showgrounds and monthly Red Hill Market and just minutes from Village shops, while being surrounded by wineries, restaurants, and golf courses and convenient to popular tourist attractions such as Peninsula Hot Springs, surf beaches, The Eagle chairlift and Enchanted Adventure Garden.
Property History for 183 Arthurs Seat Rd, Red Hill, VIC 3937
- 11 Nov 2021Sold for $4,775,000
- 15 Oct 2021Listed for Sale Under Contract
- 04 Sep 2016Sold for $2,600,000
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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.
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