170 Riverend RoadBangholme VIC 3175
Property Details for 170 Riverend Rd, Bangholme
Last Listing description (July 2026)
TAG Real Estate Victoria presents a rare chance to secure a productive vineyard estate with established infrastructure and multiple income streamsjust minutes from Melbourne's southeast growth corridor and right opposite to Chelsea Heights General Residential Zoning.
Set on approx. 41 fully fenced acres, the property features a 14-acre irrigated vineyard producing Tempranillo, Shiraz, Pinot, Cabernet Sauvignon, and Viognier. It also includes a 41m x 14m commercial-grade wine shed with 3-phase power, barrel room, winepress, cool room, storage tanks, lab, tea room, air-conditioned cellar, and toilet with septic treatment.
The property comprises three dwellings in totaltwo are currently leased and generating steady rental income, while the third offers an excellent opportunity for redevelopment or a custom rebuild (STCA) to suit future needs.
With rental income, commercial vineyard infrastructure, and a strategic location, this property offers the ideal land-banking opportunitysupported by income and suited for long-term hold and growth.
Key Highlights:
14-acre vineyard with irrigation (dam, plus there is mains water available)
Infrastructure suited for events, weddings, cellar door, farm shop, or agri-tourism (STCA)
41m x 14m wine shed with commercial production capabilities
2 homes with rental income potential
Multiple water tanks, on-site dam, and office shed with toilet and water
Strategically located with immediate access to Mornington Peninsula Freeway, Springvale Road, Eastlink, and Frankston-Dandenong Road
Close to Cornish College, Lighthouse Christian College, and other leading schools
Bordering Chelsea Heights GRZwell-positioned for long-term growth potential (STCA)
Adjoins the well-known Jolong Park Equestrian Centre, presenting potential for partnership, equestrian activities, or expansion of commercial uses
Why This Property?
Whether you're looking to operate a venture, expand your business footprint, lease portions of the property, or generate multiple income streams, this estate offers a unique opportunity to capitalise on productive land, a prime location, and versatile infrastructure suited to a range of commercial or lifestyle applications.
ENQUIRE TODAY to arrange your private inspection and discover the possibilities this once-in-a-generation estate has to offer.
Contact TAG Real Estate Victoria today to arrange your private inspection:
Avi Dhillon 0450 137 207
tagvictoria.com
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DISCLAIMER: All stated dimensions are approximate. All information provided is for general informational purposes only and does not constitute any representation on behalf of the vendor or agent.
Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 170 Riverend Rd, Bangholme, VIC 3175
- 29 May 2025Listed for Sale $6,500,000 - $6,700,000
- 13 Jun 2023Listed for Rent - Price not available
- 22 Aug 2011Transferred
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0About Bangholme 3175
The size of Bangholme is approximately 23.6 square kilometres. There are 4 parks, covering nearly 6.0% of the total area. The population of Bangholme in 2016 was 784 people. By 2021 the population was 749 showing a population decline of 4.5% in the area during that time. The predominant age group in Bangholme is 70-79 years. Households in Bangholme are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bangholme work in a managers occupation.In 2021, 83.10% of the homes in Bangholme were owner-occupied compared with 84.20% in 2016.
Bangholme has 615 properties. Over the last 5 years, Houses in Bangholme have seen a 40.90% increase in median value, while Units have seen a 198.40% increase. As at 31 July 2026:
- The median value for Houses in Bangholme is $1,445,782 while the median value for Units is $745,398.
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