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LAKE MURATORE – A MAJOR TOURISM INVESTMENT OPPORTUNITY OF EPIC PROPORTIONS!

1350&1420 Little Yarra Road, GILDEROY
Price: $7.9 - $8.5 million
Property Category: AcreageSemi-rural
  •  
    24
  •  
    10
  •  
    4
  • 341 Acre(s)
Floorplan: View Floorplan

Description

Mind blowingly beautiful, this incredible property, zoned SUZ2 (Special Use Zone 2) MAJOR TOURIST FACILITY, with 2 separate titles, sits on well over 300 acres and is home to one of the largest man-made lakes in Victoria. The lake itself covers approximately 75 acres of the property and in past has been a favoured venue for locals to enjoy many water based activities including water-skiing, fishing, canoeing and paddle boating. The iconic property was also utilised to film the horror flick “Rogue” which was released in 2007, with an all-star cast enjoying this gorgeous setting. The pristine lake is fed by fresh mountain streams, is loaded with fish such as trout, black fish and fresh water crayfish, and is nestled into the foothills of Mt Beenak in the Yarra Valley with rolling pastures and glorious mountain views. You will even find the original old cottage and mill on the property, both needing a renovation, but with lots of tales to tell hiding in the walls. A wonderful opportunity is evident here as the Yarra Valley is soon to be home to a world class Mountain Biking Facility around Mt Donna Buang and Mt Little Joe, which sits a mere 13 minute scenic drive away. Accommodation will be in high demand and this property has the ability to house many with the current 20 Holiday Accommodation units, a huge recreation room, and a large family home with 4 bedrooms, double garage and grand livings areas, sitting on a separate title with approximately 17 acres of its own (both being sold as one sale). There is work to be done to bring the accommodation up to standard, however with a bit of tweaking and a tidy up the great bones will come to life. Being within striking distance to Melbourne, only roughly 75kms away, this property is well positioned to become a major tourist destination within the Shire of Yarra Ranges. Inspection is by appointment only and be arranged by contacting either of the listing agents.

Extract from zoning document below. Email to request full copy.

"Part Crown Allotment 61, Parish of Beenak, Little Yarra Road, Gilderoy may, subject to the grant of a permit, be developed and used for a major tourist facility comprising not more than:
20 cabins, of which not more than ten are to be 2 bedroom, with the remainder being single bedroom.
One 100 site camping ground and caravan park, of which not more than 50 sites are to be for caravans.
A 30 unit motel complex.
A reception/service centre and restaurant providing a maximum of 100 seats."

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