Cider House, Tuerong sells for $2.18 million

Cider House, Tuerong sells for $2.18 million
Cider House, Tuerong sells for $2.18 million

Cider House, a country estate on the Mornington Peninsula, sold at recent auction for $2,180,000.

There were five bidders for the Tuerong listing which was among the most viewed offerings on realestate.com.au. It was bought by an Armadale couple with a young child. McEwing Partners Mornington agents Dean Phillips and Amy Day sold the estate. 

Vendors Aaron and Carolyn Miglioranza bought the two hectare horse paddock in 2009.

It is now a fully irrigated 282 apple tree orchard with 14 varieties of apples planted in 2015.

When fully mature, the trees will crop anywhere between 120 kilograms to 200 kilograms annually which could possibly reap around $84,000 per annum for all of the apples, cider and eating. The property has 160,000 litre water tanks.

There's also a five year old, pavilion-style home from Harkaway Homes with wraparound verandah, extensive shedding and chook house. The 18 chooks are set to stay!

 

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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