Pitruzzello Estate Olive Grove & Vineyard, 45 Mundy Road,
Sunbury, VIC 3429
Key property information
MELBOURNE, VIC 3000
Map of Pitruzzello Estate Olive Grove & Vineyard, 45 Mundy Road
Award Winning Pitruzzello Estate Olive Grove & Vineyard
- 35ha* of olive grove & vineyard
- 24ha* of vacant undeveloped land
- Immaculate 4 bedroom residence
The site is being offered by Expressions of Interest closing Friday 6th September at 3pm.
This magnificent site extends over 63.4 hectares of land and includes a well-established olive and vineyard plantation with a processing facility catering for its 12,000 olive trees and 13,000 vines.
From a business perspective, it has got it all.
A function centre, popular public café and restaurant can cater for wedding and events and accommodate up to 890 people, a high quality 4-bedroom residence and a significant allocation of vacant undeveloped land (24 hectares*) with Green Wedge Zoning designation, opens the door to additional revenue streams waiting to be explored.
The key asset and investment highlights are summarized below:
- Land area: 63.4 ha* (156.7 acres*)
- Including 240,000 (24 ha*) sqm* of undeveloped vacant land
- 300,000 (30 ha*) sqm* olive tree plantation: 12,000 trees (Leccino, Fontoio, Pentelino and Kerokin varieties)
- 52,600 (5.26 ha*) sqm* vineyard: 13,000 vines (Shiraz and Sauvignon Blanc varietals)
- Premium grade development of improvements for the production of olive oil
- Substantial improvements that include hospitality and function centre improvements, cafe and restaurant
- Processing facility
- Immaculate four (4) bedroom residence
- 20 megalitre dam, two bore water pumps, and use of recycled water via the direct connection to Western Water to sustain the agricultural production
- Pump and machinery sheds
- Green Wedge Zoning
- Easy access with the site being adjacent to the Calder Freeway
- 41 kms* to Melbourne CBD
EXPRESSIONS OF INTEREST CLOSING FRIDAY 6TH SEPTEMBER AT 3PM.
To obtain due diligence documents or to organise an inspection, please contact one of below Exclusive Sales Agents:
ICR Property Group: Raff De Luise – 0418 533 633
ICR Property Group: Julian Materia – 0498 188 011
Melbourne Commercial Group: Domenic Dastoli - 0418 370 242
Explore property virtually
Property ID: 503282538Last Updated: 26 Nov 2019