3-5 Maxwells Road, Coldstream, Vic 3770

$2,900,000 - $3,190,000

Acreage
Type
1
Bedrooms
3
Bathrooms
10
Parkings
22.5 ha
Area

Published on Tuesday, August 25, 2026 ( See property details for 3-5 Maxwells Road, Coldstream, Vic 3770)

$2,900,000 - $3,190,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare 55-acre Yarra Valley estate offering a thriving paintball business, stunning views, and versatile development potential for lifestyle and income growth.

🏡 Property Highlights

  • 55-acre Yarra Valley landscape with breathtaking views
  • Established income from two mobile phone towers generating $50,000 annually
  • Operating paintball centre with extensive infrastructure and forest courses
  • Potential for multiple income streams including hospitality and accommodation (STCA)
  • Flexible large main building with versatile spaces and alfresco deck
  • Potential for subdivision into up to four allotments and additional development opportunities

✨ Key Features

  • Open-Plan Living
  • Outdoor Area
  • Water tank
  • Security Screens / Gates
  • Built in robes
  • Garage / Secure Parking
  • Ensuite
  • Floorboards
  • Alarm system
  • Pet-Friendly

Nestled in the heart of the Yarra Valley, this property offers proximity to renowned wineries, Healesville Sanctuary, and the Yarra River. The area is celebrated for its stunning landscapes, vibrant food and wine scene, and outdoor recreational activities. Its location provides a perfect blend of rural tranquility and access to popular tourist destinations, making it ideal for lifestyle living and investment. The community is well-established, with excellent amenities and a strong local economy centered around tourism and agriculture.

What are the current uses and potential for the main building on the property?
The main building currently supports a paintball centre with versatile spaces that could be transformed into a private residence, restaurant, café, or event venue, subject to council approval.
What development opportunities are available on the land?
The property has potential for up to four allotments for homes, workshops, or barns, along with a dedicated pad suitable for a caravan or container home, all subject to council approval.
What income streams are currently established on the property?
Income is generated from two mobile phone towers leased to Telstra and Optus, totaling $50,000 annually, with additional potential from the paintball business and hospitality ventures.
Are there any restrictions or zoning considerations for future development?
Development is subject to local council approval, and the property is zoned for potential subdivision and various uses, including residential and commercial ventures.
What infrastructure and amenities are included on the property?
Features include extensive on-site parking, a large water tank, septic system, security system, and established forest and grassed areas suitable for events or further development.
Are there any hidden costs or ongoing expenses associated with the property, such as maintenance or council fees? What are the zoning restrictions and are there any pending planning or development applications affecting the property? Are there any known issues with the infrastructure, such as water, septic, or security systems? Is there any history of flooding, bushfire risk, or environmental concerns on the land? Are there any easements, covenants, or restrictions that could impact future development or use of the property? What are the terms of the lease agreements for the mobile phone towers, and are there any renewal or termination clauses? Is the current paintball business compliant with all local regulations and licensing requirements? Are there any planned nearby developments or construction projects that could affect the property's privacy or views? What are the details regarding access, road maintenance, and connectivity to the property? Are there any strata or community title considerations if subdivision or additional development occurs?

3-5 Maxwells Road, Coldstream, Vic 3770 - More Details

$2,900,000 - $3,190,000

An extraordinary opportunity where 55 acres (approx.) of breathtaking Yarra Valley landscape, established income and limitless potential come together in one remarkable property. With approximately 20 acres cleared, magnificent views, extensive infrastructure and an operating paintball centre, this is a rare setting where business, lifestyle and an ambitious future vision can exist side by side.

At the heart of the property, the substantial main building offers incredible versatility, beginning with a huge foyer and reception desk before opening into an expansive cafeteria and function space surrounded by large windows and bi-fold doors. A kitchen and secure room support the space, while the wraparound alfresco deck creates an inviting setting for functions, entertaining or a potential restaurant or café venture (STCA). Multiple toilets and showers add practicality, while further flexible rooms on the lower level include a large rear room and open multipurpose area flowing onto a deck. Upstairs, an enormous open office/retreat offers even more possibilities, including potential conversion into caretaker's accommodation (STCA), while the broader building could potentially be transformed into a substantial private residence. Beyond, beautiful forest grounds reveal established paintball courses, a dam, a vast central grassed area suited to large-scale events or paintball championships, and a large flat section enjoying magnificent views that opens the imagination to a dream home, accommodation or further ventures (STCA).

Currently operating as a paintball field, with the business available to be sold as a going concern, the property provides an exceptional foundation for an owner-operator or investor, with scope to introduce complementary ventures across its enormous landholding. There is potential for up to four allotments accommodating homes, workshops and/or barns, along with a dedicated pad suitable for a caravan or container home, all subject to council approval. Adding significant investment appeal are two mobile phone towers, one Telstra and one Optus, each with a 20-year lease returning $25,000 per annum, providing a combined $50,000 annual income. Together with the potential for a restaurant or café and the paintball operation as either a tenancy or owner-operated business, there is exciting scope for three separate income streams. Additional features include solid timber flooring upstairs, LED lighting, a 16-camera security system, large water tank, septic system and termite-resistant stumping. Positioned in the heart of the Yarra Valley opposite and near renowned destinations including Levantine Hill and Rochford Wines, with the Yarra River, Healesville Sanctuary and Healesville township within easy reach, the property is zoned to Healesville Primary School and Healesville High School.

* Remarkable 55-acre (approx.) Yarra Valley property with approximately 20 acres cleared
* Operating paintball field with established forest courses and business available as a going concern
* Substantial clubhouse with cafeteria/function area, kitchen, secure room and multiple flexible spaces
* Wraparound alfresco deck with potential for restaurant, café, entertaining or hospitality use (STCA)
* Huge upstairs office/retreat with potential for caretaker's accommodation (STCA)
* Potential for up to four allotments for homes, workshops and/or barns, plus caravan/container-home pad (STCA)
* Telstra and Optus towers returning a combined $50,000 per annum under 20-year leases
* Potential for three income streams, plus dam, expansive grassed areas, water tank, security system and extensive on-site parking

Please contact the listing agent directly for full list of inclusions.

Disclaimer: While all care has been taken by Fletchers and its third party providers to ensure all information above is true and correct, Fletchers and its third party providers are not responsible for, and expressly disclaim all liability for, damages of any kind arising out of the use, reference to, or reliance on any information contained within the above property description. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Fletchers will not be liable for any loss resulting from any action or decision by you in reliance on the information.
Type
Acreage
Bedrooms
1
Bathrooms
3
Parkings
10
Area
22.5 ha

Price guide

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    Saturday 29 August
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