Popular Yarra Valley vineyard boutique accommodation for sale

Melbourne, 5 June 2014 - CBRE Hotels are pleased to offer for sale the freehold going concern of DeVine Escape, 68 Wills Road, Dixons Creek VIC.

This boutique 3½ star boutique accommodation provides an opportunity to purchase a sustainable accommodation business within the heart of the Yarra Valley wine region.

DeVine Escape comprises 23 attractive rooms nestled in 10 acres of vineyard in a quiet location in Dixons Creek, just 6 minutes from Yarra Glen. The property is a popular destination for wedding groups, winery tours and weekend getaways, with several wineries and restaurants close by within the surrounding Yarra Valley region.

Joseph Du Rieu and Scott Callow from CBRE Hotels are marketing the property. Mr Callow commented; “DeVine Escape is a magnificent opportunity to acquire an established accommodation business set amongst vines in the popular Yarra Valley.”

“The ability to further expand the existing operation provides huge scope for the future,” he added.

The property is being offered for sale by Expressions of Interest closing 2.00pm (AEST) on Wednesday 23rd July 2014, unless sold prior.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue).  The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.