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170 Riverend Road

Bangholme, VIC 3175, Australia
$6.50m
6 car

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Area Price Guide
$6.11m$6.89m

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61
Comparable
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$1m
Area median
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+550%
vs median
🗓️
2 months ago
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Approximate location shown. Contact agent for exact address.

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Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

TAG Real Estate Victoria presents a rare chance to secure a productive vineyard estate with established infrastructure and multiple income streamsjust minutes from Melbourne's southeast growth corridor and right opposite to Chelsea Heights General Residential Zoning. Set on approx. 41 fully fenced acres, the property features a 14-acre irrigated vineyard producing Tempranillo, Shiraz, Pinot, Cabernet Sauvignon, and Viognier. It also includes a 41m x 14m commercial-grade wine shed with 3-phase power, barrel room, winepress, cool room, storage tanks, lab, tea room, air-conditioned cellar, and toilet with septic treatment. The property comprises three dwellings in totaltwo are currently leased and generating steady rental income, while the third offers an excellent opportunity for redevelopment or a custom rebuild (STCA) to suit future needs. With rental income, commercial vineyard infrastructure, and a strategic location, this property offers the ideal land-banking opportunitysupported by income and suited for long-term hold and growth. Key Highlights: 14-acre vineyard with irrigation (dam, plus there is mains water available) Infrastructure suited for events, weddings, cellar door, farm shop, or agri-tourism (STCA) 41m x 14m wine shed with commercial production capabilities 2 homes with rental income potential Multiple water tanks, on-site dam, and office shed with toilet and water Strategically located with immediate access to Mornington Peninsula Freeway, Springvale Road, Eastlink, and Frankston-Dandenong Road Close to Cornish College, Lighthouse Christian College, and other leading schools Bordering Chelsea Heights GRZwell-positioned for long-term growth potential (STCA) Adjoins the well-known Jolong Park Equestrian Centre, presenting potential for partnership, equestrian activities, or expansion of commercial uses Why This Property? Whether you're looking to operate a venture, expand your business footprint, lease portions of the property, or generate multiple income streams, this estate offers a unique opportunity to capitalise on productive land, a prime location, and versatile infrastructure suited to a range of commercial or lifestyle applications. ENQUIRE TODAY to arrange your private inspection and discover the possibilities this once-in-a-generation estate has to offer. Contact TAG Real Estate Victoria today to arrange your private inspection: Avi Dhillon 0450 137 207 tagvictoria.com ________________________________________ DISCLAIMER: All stated dimensions are approximate. All information provided is for general informational purposes only and does not constitute any representation on behalf of the vendor or agent. Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist

Property Features

    View full listing on Domain

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    Repayment calculator

    $31,512/month
    $15,756 /fortnight
    Loan $5,200,000 at 6.10% over 30 years

    Upfront costs

    Deposit$1,300,000
    Stamp duty$402,500
    Conveyancing (est.)$2,000
    Total upfront$1,704,500
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Parking
    6
    Listed
    2 months ago

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