Rural for sale

8303 Princes Highway,

Allestree, VIC

5 2 3
$1,200,000

Lavender By The Sea

A rare golden opportunity presents itself to anyone looking to expand their entrepreneurial horizons beside the sea.

Comprising approximately 9.98 acres (4.04 Ha) and located only 10 minutes drive from the ever-growing city of Portland this property is situated in an area boasting an average rainfall of around 32 inches annually.

A majority of the property has been dedicated to the successful 'Portland Bay Lavender Farm' enterprise which includes the on-site growing, harvesting and manufacturing of lavender products. Although, for some time, the lavender business has been scaled back to a fair degree, however, rejuvenation of the business would be a simple task as the plants and manufacturing equipment remains.

A grand homestead of approximately 50 squares is set amongst extensive manicured gardens, providing a very generous private residence with balconies offering impressive garden and sea views.

In addition to this grand property, there is also available, further acreage of approx. 128.3 acres (51.9 Ha), broken up into 4 lots of various sizes and zoned residential living. Two blocks include a high water mark Title and all blocks feature pastured ground of sandy and loam type soils with a good fertiliser history. For further information regarding this additional acreage, please contact Michael Goldby on 0409 527 029.

Property Code: 7269470
Last updated: 11:18AM on Nov 17th 2017
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111 Bentinck Street
Portland VIC, 3305