Red Hill homestead: restaurant and wine bar part of package
Properties for sale are scarce in Red Hill but a homestead with a popular restaurant and wine bar is a rare listing.
There were only four homes for sale in the sought-after Mornington Peninsula suburb on realestate.com.au as of July 19.
One of them is 164 Arthurs Seat Rd, which comprises Artisan restaurant and wine bar, a luxury four-bedroom house and gallery space.
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A well-known art gallery also used to operate from the site.
The property has a $3-$3.3 million price guide with Michael Keating International, which specialises in the top end of the market.
The offering was special because of its premier location and the options it offers the new owners, listing agent Michael Keating said.
“It is an iconic property and a well-known food destination and once housed the popular Poffs restaurant and Jon Cecil Fine Art gallery,” he said.
“It also looks over the Lindenderry winery and captures bay glimpses and amazing sunsets.”
The vendor has been spending more time overseas and wants to hand over to a buyer who will retain it as a restaurant with its location in the heart of Red Hill,” Mr Keating said.
The property offers potential for guest accommodation, a family home, art gallery or a combination of these and is expected to draw international and local interest.
The house has four bedrooms, with an ensuite and walk-in wardrobes for the main bedroom plus a deck looking over the pool. The open-plan living zone leads to a poolside area.
The restaurant has a large dining area, wine bar, terrace, plus a collection of Australian art. Artisan has a farm-to-table menu.
Jon Cecil Fine Art originally operated in South Yarra and Sydney’s Double Bay and then moved to Red Hill and has exhibited prestigious shows of works by David Hockney, Robert Rauschenberg, Brett Whitely and John Olsen.
The property has parking for 18 cars and the liquor and restaurant licences are transferable.
There have been 11 residential sales of $3 million and above in Red Hill, with the record being the $8 million paid for ‘Rosewood’ at 3 Callanans Rd, a luxury acreage property with equestrian amenities.
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