37 Shoreham RoadRed Hill South VIC 3937
Property Details for 37 Shoreham Rd, Red Hill South
Last Listing description (February 2009)
RENOWNED TUCKS RIDGE - 24.6 ACRES
SALE BY TENDER - CLOSING WEDNESDAY 4 MARCH 2009 AT 4.00 PM
AN OUTSTANDING WINE BUSINESS IN THE EXCLUSIVE CELLAR DOOR REGION OF THE MORNINGTON PENINSULA.
VINEYARD: APPROXIMATELY 13.5 ACRE VINEYARD WITH MAJORITY HAVING AN INVALUABLE NORTHERLY ASPECT (PORTION LEASED). A VINEYARD OF GREAT REPUTATION GROWING ULTRA PREMIUM WINE GRAPES INCLUDING APPROXIMATELY 3.3 ACRES OF 18 YEAR OLD CHARDONNAY AND 5.6 ACRES OF PINOT NOIR. APPROXIMATELY 4 ACRES OF THE VINEYARD CAN BE IRRIGATED FROM SPRING FED DAM ON THE WATERHOLES CREEK. QUALITY VSP TRELLISING.
RESTAURANT/CELLAR DOOR COMPLEX: SET IN ELEVATED GARDEN SURROUNDS, AN OUTSTANDING RESTAURANT AND CELLAR DOOR OF BLUESTONE STRUCTURE OFFERING STUNNING INTERNAL AND EXTERNAL DINING FACILITIES. INCLUDES STAINLESS STEEL COMMERCIAL KITCHEN, UPSTAIRS ADMINISTRATION AREA WITH 3 OFFICES, FULL BATHROOM FACILITIES.
FARM BUILDINGS: STEEL WINE FUNCTION CENTRE WHICH CAN BE UTILISED FOR CONFERENCES OR SPECIFIC DINING AREA WITH KITCHENETTE.
AN OUTSTANDING OPPORTUNITY WITH THE RESTAURANT BUSINESS BEING LEASED.
TO BE SOLD AS A GOING CONCERN WITH THE OPTION GIVEN TO THE PURCHASER TO ACQUIRE WINE STOCK.
Property History for 37 Shoreham Rd, Red Hill South, VIC 3937
- 22 Jan 2018Sold for $3,015,000
- 11 Mar 2009Sold for $2,000,000
- 23 Jan 2009Listed for Sale Not Disclosed
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0About Red Hill South 3937
The size of Red Hill South is approximately 15.2 square kilometres. It has 5 parks covering nearly 1.8% of total area. The population of Red Hill South in 2011 was 1,171 people. By 2016 the population was 614 showing a population decline of 47.6% in the area during that time. The predominant age group in Red Hill South is 50-59 years. Households in Red Hill South are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Red Hill South work in a professional occupation. In 2011, 84.1% of the homes in Red Hill South were owner-occupied compared with 91.5% in 2016.
Red Hill South has 460 properties. Over the last 5 years, Houses in Red Hill South have seen a 37.82% increase in median value, while Units have seen a -25.34% decrease. As at 31 August 2024:
- The median value for Houses in Red Hill South is $2,533,833 while the median value for Units is $1,353,012.
- Houses have a median rent of $672.
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