JLL Hotels & Hospitality Group's Will Connolly and Nick Macfie have been exclusively appointed to offer for sale the freehold going concern of Cleveland Winery located in the spectacular Macedon Ranges.
With regional Victoria now entrering the third step of the COVID-19 roadmap, intrastate tourism opportunities remain an important part of the recovery going forward.
It is with this in mind that JLL is marketing Cleveland Winery in the Macedon Ranges for sale.
Set on an enormous 40.3ha site in the historic township of Lancefield, the property features 50 guest rooms which includes a historic homestead that accommodates up to 12 guests, restaurant and wood-fired pizza oven, conference rooms, guest lounges, renowned underground cellar door and multiple (working) vineyards.
Source: JLL Hotels and Hospitality
The Expressions of Interest campaign will be led by JLL Hotels and Hospitality Vice President for Investment Sales Will Connolly, and Investment Sales Associate Nick MacFie.
Mr Connolly said the purpose-built resort's proximity to the CBD and Melbourne Airport made it the ideal destination for weddings & functions, corporate retreats and weekend getaways.
"Cleveland Winery is an easily accessible destination connected by major road and train systems," he said.
“With Regional Victoria now entering into the ‘Third Step’ of the COVID-19 Roadmap, we’re incredibly excited to present such an extraordinary property which is now perfectly placed for an incoming operator to secure the asset and ultimately commence their tenure in the new year."
Source: JLL Hotels and Hospitality
The Macedon Ranges boasts stunning natural landscapes and attractions including the iconic Hanging Rock, numerous spa and mineral waters, award-winning cellar doors, artisan shops and specialist art galleries, as well as acclaimed restaurants and boutique wineries.
Mr MacFie said Cleveland Winery provided the immediate benefit of full operational control or the opportunity for growth through rebranding or repositioning.
"The fully integrated hospitality operation provides investors and owner-operators with the ability to leverage off the well established business and increase trading performance," he said.
Source: JLL Hotels and Hospitality Group
“The current state of regional Victoria is very positive for an asset like this, with the inevitable easing of restrictions across Victoria expected to prompt a a surge in intrastate travel and increased demand for “drive to” leisure destinations, as consumers continue to safely avoid the health risks associated with other modes of transport."
Expressions of Interest for the property close on Friday, October 16 at 4pm (AEDT).
Click here for more information.
Similar to this:
Daylesford’s Bellinzona Resort sold to local operators through JLL
Bellinzona Resort sale demonstrates appeal of Victoria's 'drive to' leisure market - JLL