Mansion for $30m plus

THE 63-hectare Morning Star Estate in Mt Eliza is on sale for the second time in 30 years.

The Sunnyside Rd property comes with a mansion (pictured) built in 1867, restaurant, cellar door, wedding, function and conference facilities and a 20-room hotel.

As well as having development plans in place for a 72-room hotel, it has gardens featuring about 75,000 rose bushes, a 12ha vineyard of pinot, chardonnay and cabernet grapes, orchard, olive grove and grazing paddocks.

It has been put on the market by long-time owner Judy Barrett.

Sunnyside is being offered through an expression-of-interest campaign in the $30 million-plus range.

Adjacent property Moondah Estate was sold by the University of Melbourne to retirement living provider Ryman Healthcare for $37 million in September 2016.

The 8.9-hectare property with 200 metres of beachfront had covenants which restricted its use to aged care, education, religious or primary production.

The 42-room mansion and outbuildings was formerly known as the Australian Administrative Staff College. It has a gatehouse, servants’ quarters, conference, training, meeting and office spaces and four dining areas.

On the property is a vineyard and 95-bed student accommodation wing.

First published in the Frankston Times – 30 January 2017

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