In an excellent location on the Great Alpine Road in Gapsted for a roadside business, this property offers a great opportunity to create a boutique winery and capitalise on the establishment work done by the current owners. 8.09 hectares (20 acres) of freehold plus 2.02 hectares (5 acres) leasehold land, 7 acres of which is planted to Shiraz & Merlot vines under drip irrigation, a 15 mega litre water licence, a 4 bedroom home steel framed of approximately 22 squares has been constructed to the framing stage, 30,000 gallon water tank and a steel shed/workshop. An excellent location both for the vines and exposure for a winery, to the main tourist route from the N/E of Victoria to the coast, a very good view of Mt Buffalo from the vineyard offers a perfect site for a future cellar door (STCA).
Property Code: 603
The size of Gapsted is approximately 52.4 square kilometres. It has 1 park covering nearly 9.0% of total area. The population of Gapsted in 2016 was 173 people. By 2021 the population was 156 showing a population decline of 9.8% in the area during that time. The predominant age group in Gapsted is 60-69 years. Households in Gapsted are primarily childless couples and are likely to be repaying not stated per month on mortgage repayments. In general, people in Gapsted work in a professional occupation.In 2021, 78.30% of the homes in Gapsted were owner-occupied compared with 71.20% in 2016.
Gapsted has 92 properties. Over the last 5 years, Houses in Gapsted have seen a 47.89% increase in median value. As at 30 November 2025:
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