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470 Northern Highway

Heathcote VIC 3523

3
2
5
17 ac.
Acreage Semi-Rural
Currently for sale - view listing

Overview

TURN-KEY VINEYARD - READY FOR YOUR VISION

Situated in a high-profile position along the Northern Highway, just 5km from the centre of Heathcote, this spectacular 17-acre lifestyle and vineyard property presents a rare opportunity. Nestled at the foot of Mount Ida and adjoining the beautiful Greytown National Park, the estate features a quality 25-year-old vineyard that has produced award-winning wines over many seasons. Offering both an exceptional lifestyle and the potential to establish your own label, or expand an existing brand, this impressive freehold delivers genuine scope and flexibility. The 12 acre vineyard is predominantly planted to Shiraz, complemented by smaller plantings of Cabernet Sauvignon. Infrastructure includes a well-appointed cellar door, winemaking facilities, cool store, and a function room suited to weddings and special events. The property is further enhanced by breathtaking sunsets, magnificent night skies, and a truly picturesque setting for both living and working. The inviting residence offers a spacious single-level design featuring three bedrooms with built-in robes, including a master suite with walk-in robe and ensuite. Two generous living areas, a bright family bathroom, well-equipped kitchen, double garage, and superb outdoor entertaining zone complete the home, highlighted by a sparkling in-ground swimming pool and undercover entertaining area. Additional improvements comprise a 6.1m × 15m workshop and garage, a 10m × 15m winery with lab and barrel storage, an adjoining 8m × 9m cool store, a 6m × 12m insulated relocatable building, and a large dam providing irrigation for the vineyard. The sale includes the operational winery freehold, residence, and the plant and equipment required for production, along with approximately 1,600 litres of Shiraz currently in barrel ready for bottling under your own label. Please note, this is not the sale of a business—no business figures are provided, and the “Idavue Estate” name is not included—offering purchasers the freedom to create and develop their own brand identity.

Features

3 bedrooms
2 bathrooms
5 carspaces
5 garage spaces
17 ac. lot size
Acreage Semi-Rural

Happy sellers in Heathcote

70%
70% of sellers in Heathcote reported that their sale price either exceeded or met their price expectations.

Heathcote stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Heathcote over the last 12 months.

Local market activity for 3 bedroom acreage semi-rurals in Heathcote

In the last 12 months, 5 three-bedroom acreage semi-rurals similar to 470 Northern Highway, have been sold.

This represents a 25% decrease in three-bedroom acreage semi-rurals sales when compared to the previous 12 months.

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