Comprising 125 acres /50.5 ha this exclusive Yarra Valley property boasts both Yarra River and Maroondah Hwy frontage with neighbours including “Oak Ridge”, “Cherry Hills” Coldstream Orchard, “Rochford”, “Levantine Hill Estate”, and “Domain Chandon”.<br/><br/>Property infrastructure includes an irrigation dam with a 20 megalitre irrigation license, a recently planted 15-acre vineyard, and an impressive 24 x 18-metre winery shed with mezzanine living, cellar door, and tasting area. <br/><br/>Set toward the northern end of the property is an elevated hill that offers the ultimate building site with panoramic northerly views across the Yarra River toward the Mountains, a spectacular rural vista.<br/>Together with the vineyard, the property is used for grazing cattle and the fertile pastures are well fenced with a laneway system and excellent cattle handling facilities. <br/><br/>Positioned in a 25-ha minimum subdivision area 737 Maroondah Hwy could be subdivided (STCA). <br/>With significant tourist developments continuing to be established in this corridor of the Yarra Valley, prime highway investment sites are becoming difficult to secure. “Mulberry Hill” offers a strategic opportunity to gain a significant foothold in this most sought-after location.
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