Old Cotton Tree Grove
Home of bespoke olive oil company Old Cotton Tree Grove, this prestigious 21 acre estate, approx, with unencumbered rural views to Westernport Bay presents a unique opportunity to combine a Hinterland lifestyle with an award-winning commercial business.
Old Cotton Tree Grove was once the centre of the Mornington Peninsula's largest sheep and grazing property and retains the original shearing shed. Today, the integrity of the shearing shed has been retained and structurally restored with invaluable pre approved plans and permits in place for the final stages of conversion to an expansive three bedroom two bathroom residence with four living zones. Currently, the shearing shed integrates a two bedroom apartment with a living room, kitchenette, versatile office/rumpus room/double garage and a state-of-the-art French fireplace. The unique character of the dwelling and accessible food trail location equally suits use a farm gate for olive oil sales.
The manageable acreage is land tax exempt and integrates the very best facilities from extensive landscaping, underground power, ample water storage supplemented by a licensed 100 megalitre per annum bore, three megalitre clay lined dam with irrigation connected to the olive grove, functional windmill, wildlife corridor, completed roads including a second driveway leading to a proposed machinery shed and even a par-3 Golf hole.
The property includes a grove of more than 800 Tuscan olive trees with Frantoio, Leccino and Picual varieties and a permit for further expansion and produces more than 3000 litres of cold pressed extra virgin olive oil with excellent wholesale and retail opportunities.
Absolutely unique, Old Cotton Tree Grove is incredibly private and enjoys panoramic views from this exclusive and tightly-held location.