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Sold May 2017
"Glenmona Ridge Infinite Water and Potential On 21.85ha (54 acres)

20 Morris Lane, Avoca, VIC 3467

0 bed 0 bath 0 car
Rural

20 Morris Lane has been Sold
Retirement objectives present an opening to continue the production of some of the districts most noteworthy wine with comfort in the knowledge you will always be droughtproof access to permanent water. Glenmona Ridge Vineyard enjoys a potentially limitless water supply delivered via a raw water mains supply, three irrigations dams with a combined capacity of 25.5 megalitres. The vineyard consists of a plantation of 7230 Cabernet Sauvignon Vines across 10 acres now nearing their 18th Vintage with the balance of the property being mainly cleared permitting enormous potential for expansion of this already highly improved and successful operation. Improvements consist of modern desalinisation suitable for the treatment mains, surface and ground water (there is an unequipped bore on the property), modern automated irrigation system and 80'x 30'machinery shed and workshop. Situated in the heart of the Pyrenees Wine growing region this picturesque property has panoramic views of the Pyrenees there are numerous sites which would be ideal for the construction of a dwelling (STCA) and mains power is already connected to the property. Selling as a going concern on a WIWO basis inclusive of plant and equipment with an existing farm management structure this operation is also suited to investors.

Note it is the vendors clear instructions to be sold on the day if not prior
Features
Land Area: 54 acr
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What's Nearby
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SA1 - 2101303 Meet the Neighbours near 20 Morris Lane
$1,866
Monthly Personal Income
$3,280
Monthly Household Income
$600
Monthly Mortgage Repayments
The average age is 51
Majority are Couples without children
Most residents Owns Outright
Weekly Income
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Avoca
Employed as Agriculture forestry and fishing
Agriculture forestry and fishing
Manufacturing
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Ask Josh about 20 Morris Lane, Avoca, VIC 3467
Josh Todd
Josh Todd
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