Pialligo brings a touch of country into the heart of Canberra, yet it is just minutes from the airport and not much further from the CBD.
Nurseries, pet boarding kennels and other unique offerings line the main road, along with some residences that would be quite at home on Mugga Way.
One might agree that the jewel in the crown of this unique piece of the capital is Pialligo Estate, a premium fine dining, event and farm produce property on 12.6 hectares.
Many Canberrans and visitors have enjoyed its award-winning dining venues, including the Pavilion restaurant and Glasshouse.
And there have been many weddings, birthdays and corporate events in its versatile event spaces that can cater for up to 2000 guests.
Add in produce from the vineyard, olive grove and orchard and that adds up to a projected revenue of some $69 million over five years.
Greg Lyons of LJ Hooker Commercial Canberra, in conjunction with Savills, says Pialligo Estate represents an extremely rare opportunity.
“It has developed a great reputation over the years for quality dining, events and farm produce,” he says.
“We expect significant interest from either similar established businesses looking to expand or from high-net worth individuals with next-level vision.”
Lyons says there is potential to expand the hospitality operations and explore agritourism, including accommodation options.
Expressions of interest close 2pm, March 14.