The Jewel in the Mornington Peninsula Crown

13 February 2023

One of Australia’s premier land holdings, ideally located in the heart of Victoria’s Mornington Peninsula, has been brought to market.

The state-of-the-art facility, Boneo Park, is exclusively listed by Colliers’ agents Duncan McCulloch, Peter Evans, and Jack Brandwood on behalf of the McNaught Family and is anticipated to attract interest in excess of $30 million.

Colliers National Director Duncan McCulloch said, “We’re extremely pleased to present this rare landholding which offers multiple business opportunities. Currently used as an equestrian facility, Boneo Park comes with over 200 hectares of extraordinary natural landscape and the stand-alone, locally renowned Arilla restaurant, situated in the ever so popular Mornington Peninsula.”

Mr McCulloch added, “In 2022, Boneo Park hosted some of the nation’s most significant equestrian events, including the Australian Jumping Championships, the Australian Dressage Championships and the Australian Young Rider Dressage Championships, to name a few. Hosting these events shows the asset’s ability to run hospitality and events at scale”.

The 318-hectare (789 acres) landholding is across 12 titles, complete with a recently constructed restaurant, café and function centre, with the ability to cater to both equestrian and non-equestrian events, ideally positioned to offer picturesque views.

Boneo Park is underpinned by outstanding infrastructure and offers multiple opportunities for future development, including the expansion of hospitality, health and wellbeing, potential accommodation (STCA) and ecotourism activities being set within the biodiverse natural landscape.

The architecturally designed asset comes with one modern four-bedroom residence, an administration and office building, full-service equestrian and agistment facilities, an extensive powered campground, including amenities block and retreat, as well as several other high-quality supporting structures onsite. “Opportunities like these are rare to come by, and given Boneo Park’s prime location and its world- renowned reputation, there is a multitude of future development opportunities that an astute purchaser could take advantage of,” said Peter Evans, Colliers National Director.

Located just one hour from Melbourne, the Mornington Peninsula is a popular tourist destination with nearby beaches, wineries, and attractions. The area is experiencing significant growth and commercial investment, with domestic and international tourists drawn to the area’s natural beauty.

Boneo Park is currently for sale by forthcoming Expressions of Interest, closing Thursday, 30th March at 4 pm (AEDT).