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About this property
Ray White Foster is thrilled to introduce to the market this beautiful lifestyle property which is also home to Grassy Spur Olives. Grassy Spur Olives is situated in picturesque South Gippsland (2) hours South East of Melbourne, on the doorstep of some of Victoria's best beaches and Wilsons Promontory National Park. The property, being 25 acres (approx) accommodates a beautiful locally built Considine & Johnston (3) bedroom, (2) bathroom family home. The home, with magnificent rural views is open plan with a modern kitchen, master with ensuite, large light filled rooms, polished timber floors, solid fuel heating, RC/AC and more. The Grassy Spur Olive Grove was planted initially in Easter 2005 with about 800 trees. Further plantings occurred over the following years and it is grown now to over 1,500 trees. The olive grove boasts (4) varietals of olives divided into separate groves, also 100 Oak inoculated truffle trees in a separate grove. All olives are processed onsite within hours of picking. This contributes to consistent high quality EVOO (Extra Virgin Olive Oil) that has been recognised as gold quality nationally and internationally in the New York Olive Oil Competition. Grassy Spur Olives has participated in the National Australian Olive Association Awards since 2011 and medalled consistently since. Other key features of the property include but are not limited to the following -: • Assorted shedding (plant, processing, machinery) • 10kw Solar and battery system plus solar hot water • Fully operational olive processing plant • Tasting room set up for sampling and sales • Drought proof water supply via (2) large dams • Underground fire bunker • Established low maintenance gardens • Established tracks for easy access around the property Grassy Spur Olives presents as a genuine opportunity to secure an award winning venture with passive income potential, growth potential & a fantastic country lifestyle. Full training will be provided to the successful purchasers by the current owners (who are looking to downsize but stay in the area). To check out Grassy Spur Olives and maybe make a purchase, please head to their website -: https://www.grassyspurolives.com.au/ For more information pertaining to the property, operation and figures please contact Peter Bellingham or David County at Ray White Foster. Flexibility regarding the initial purchase price can be discussed and negotiated based on the purchaser's individual requirements. Purchasers are able to purchase the property on a WIWO basis or alternatively, if they have an alternate processing facility and do not require plant & equipment the purchase price will be negotiated accordingly. A buyer's guide ranging from $1.6M (No Plant) to $1.9M (WIWO) is anticipated.
Property Details
- Property Type
- house
- Listing Type
- Sold
- Bedrooms
- 3
- Bathrooms
- 2
- Parking
- 4
- Land Area
- 10.12 ha
- Listed
- 3 months ago
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Neighbourhood
Living in Stony Creek
This 3-bedroom house in Stony Creek, VIC 3957 sits within reach of local amenities.
Stony Creek at a glance
Full suburb profile- Population
- 310
- Median age
- 41
- Household income
- $1,625/wk
- Median rent
- $260/wk
- Median mortgage
- $1,300/mo
Source: ABS Census.
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