Red Hill South Median PriceThe House price is 16% lower than last year. Surrounding suburbsMain Ridge | $4,593,300 ![](/img/up.gif) | Merricks | $2,253,300 ![](/img/white.gif) | Merricks North | $4,183,600 ![](/img/white.gif) | Red Hill | $2,348,700 ![](/img/up.gif) | Shoreham | $2,200,000 ![](/img/white.gif) |
| A53 Shoreham Road, Red Hill South | Sold $6,000,000 in Mar 2016 [Rectify] | Last Sold $3,787,000 in Aug 2002 | Commercial Property | Land size: 172,734 sqm [Measure] | Distance: 65.8 km to CBD; 19.6 km to Mornington Station [Transport] |
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Map | Nearby prices | Property Description: | CBRE is pleased to present for sale 53 Shoreham Road, Red Hill South. A Flagship investment opportunity located in the heart of one of Victoria's most visited regions, the coveted Mornington Peninsula. Key features of this outstanding opportunity include: - A stunning 17.44* hectare landholding capturing some of Victoria's most breathtaking views that is currently partially leased and returning circa $350,000 per annum. - A premium vineyard currently planted to 9.7* hectares of high quality Pinot Noir and Chardonnay varieties. - Home to two of the region's most iconic institutions, the renowned Max's Restaurant and the award winning Red Hill Estate Cellar Door. - Planning approvals in place for a state-of-the-art redevelopment of the restaurant and cellar door complex. - Two bedroom cottage on 2,000* square metres of the overall landholding, which would be ideally suited to a range of future development opportunities (STCA). For sale by Public Auction Friday 18 March 2016 at 11am *approximately Lot/Plan No: 2/PS440719 | Planning History: | | [18 Sep 2020] The use and development of the land to permit an increase seating capacity to 80 persons and unrestricted use of the existing restaurant for evening functions in accordance with the details submitted with the application | Search neighbour's planning permit | Property report from Government |
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