Two Victorian wineries for sale in Red Hill and Beechworth regions

Two Victorian wineries have hit the market, offering the chance to live and work in two of the state’s most picturesque wine regions.

But buyers will need more than a good swirl and sniff technique, they’ll also need deep pockets.

In North East Victoria, Star Lane Winery at Wooragee has $3.5m-$3.85m price hopes, while in the Mornington Peninsula’s Red Hill, the Tucks vineyard, once part of the famed Tucks Ridge estate, is listed at $8m-$8.8m.

RELATED: Young family’s reno pays off with $1m+ result in Seaford

‘Choked out’: concerning rise in insurance claims and home sales

Run down Coburg pad scores an almost-$1m payday, after 73 years

Star Lane Winery is the passion project of Brett and Liz Barnes, who planted their first vines back in 1997 after moving from broadacre farming in the Riverina.

Their dream was simple, to create a boutique vineyard that could produce ultra-premium wines, and offer a lifestyle worth bottling.

Now, almost three decades later, that dream is ready for the next custodian.

Set across 18.09ha, Star Lane includes mature Shiraz, Merlot and Chardonnay vines, an architecturally designed winery and cellar door, a climate-controlled barrel room, and a charming two-bedroom farmhouse surrounded by private gardens.

“We built it all ourselves, vine by vine, barrel by barrel,” Mr Barnes said.

“This land has been our life’s work. It’s time now for someone else to bring their vision here.”

YPA Mornington director Chris Fahl said the property made it ideal for a new or expanding wine label.

“Brett manages the whole property himself, it’s that well set up,” Mr Fahl said.

“You could run the vineyard, open a restaurant, lease it out, or just enjoy the lifestyle.

“There’s room to plant even more vines or add boutique accommodation.”

Mr Fahl said Beechworth’s wine scene is home to heavyweights like Giaconda and Sorrenberg, with local Chardonnays and is now considered among the best in the world.

“Add to that the booming cycle tourism industry, with a $10m rail trail passing Star Lane’s front gate, and the potential for cellar doors, farm-stay accommodation, and events, there’s plenty of opportunity,” he said.

Further south, the Mornington Peninsula’s Tucks vineyard offers a vineyard in one of Victoria’s most tightly held wine regions.

Set on 9.99ha in Red Hill’s prized Shoreham Road strip, Tucks has pinot noir, Chardonnay and Savagnin vines, and comes with a fully licensed restaurant and cellar door facility, plus a two-bedroom guesthouse.

Kay & Burton Flinders director Tom Barr Smith said the offering was extraordinary for Red Hill, where tightly held vineyard properties rarely come up for sale.

“This site comes with valuable restaurant and liquor licences allowing for 100 patrons, and up to 450 for special events,” Mr Barr Smith said.

“It is a tremendous head start for anyone looking to enter the Mornington Peninsula’s food and wine scene.”

Although the vineyard is currently operational, Mr Barr Smith said the hospitality spaces have been used sparingly in recent years, offering a blank canvas for new owners.

“It is not an ongoing business sale, it is a real estate opportunity,” he said.

“The vineyard is thriving, but the hospitality side has huge untapped potential.”

Being slightly off the main tourist road offers privacy without sacrificing proximity to major attractions, with nearby neighbours including big names like Montalto, Paringa Estate and Ten Minutes by Tractor.

The Kay & Burton Flinders director said the timing was perfect for buyers seeking long-term value.

“Vineyard properties are expensive to establish from scratch these days. The land, the vines, the licences, it all adds up,” Mr Barr Smith said.

“Here, you get a huge head start. Plus, we believe the market is near the bottom of the cycle. It is a smart time to buy.”

Both listings are expected to draw interest from a mix of buyers, including high-net-worth individuals seeking a lifestyle shift, boutique hospitality operators, and established wine brands looking to expand.

AT A GLANCE

Star Lane Winery, Wooragee

18.09ha

Shiraz, Merlot, Chardonnay vines

Winery, cellar door, farmhouse

Price guide: $3.5m-$3.85m

Tucks, Red Hill

9.99ha

Pinot noir, Chardonnay, Savagnin vines

Licensed restaurant, cellar door and guesthouse

Price guide: $8m-$8.8m

---

Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox.

MORE: Melb couple’s plan to turn dome into Airbnb riches

Why housing big build could increase pressure on buyers

Melb landlords in line for $780 boost

david.bonaddio@news.com.au

The post Two Victorian wineries for sale in Red Hill and Beechworth regions appeared first on realestate.com.au.