Real Estate

macedon ranges blocks with links to industrialist and afl president sir kenneth luke hits the market

Written by The ReReport

68 & 118 Cullys Rd, Lancefield has been owned by the family of millionaire industrialist and Australian rules football president Sir Kenneth Luke for more than 70 years. It’s now hit the market.

A Macedon Ranges landholding with links to self-made millionaire industrialist and Victorian Football League president Sir Kenneth Luke has hit the market.
The Lancefield property, containing two blocks totalling 131ha at 68 & 118 Cullys Rd, is set to be auctioned on December 13.
It’s belonged to the family of Sir Kenneth — who was president of the Carlton Football Club from 1938-55 and of the VFL from 1956-71 — for more than 70 years.
Less than an hour from Melbourne’s CBD, the blocks are for sale together or separately.

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68 & 118 Cullys Rd, Lancefield, has been in the same family for more than 70 years.

Named Meadowbank, the 81ha allotment at 118 Cullys Rd is on the market for $2.5-$2.65 million. The 50ha block at 68 Cullys Rd, Charminster, is priced at $1.5-$1.65 million.
Raine & Horne’s Robert Hall said the offering was attracting nationwide attention.
“We are getting inquiries from the Mallee (in Northern Victoria) and Western Australia,” he said.
Sir Kenneth bought the property in the 1940s as a weekend retreat, and soon transformed it into a stud farm that produced champion Dorset Horn sheep and Poll Hereford cattle.
He died in 1971 and the property has been in his family’s possession since.

The classic Victorian house at 118 Cullys Rd that also includes a lofty barn and work shed.

Sir Kenneth played a major role in the development of the Waverley Park footy stadium in the 1960s, where the main grandstand was named in his honour.
In 1996, he was inducted to the Australian Football Hall of Fame.
He was also awarded for his service as a sports administrator and philanthropist in 1954, and knighted for exceptional public service eight years later.

A three-bedroom cottage at 68 Cullys Rd that also has original stables and a woolshed.

Mr Hall said the properties had potential for horticulture, agriculture or tourism.
“With honest work and creative flair, you can transform either parcel of arable land into a productive place,” he said.
There was also potential to restore the classic Victorian farmhouse, three-bedroom cottage and farm buildings on the properties.
“The buildings will benefit from an enthusiastic entrepreneur with country style who can build on the bare bones and invigorate the spirit,” Mr Hall said.
“The vintage barns or original stables are ripe for conversion into hospitality or event venues to accommodate the increasing number of visitors who wander this way.”

An original outbuilding.

Nestled between the Cobaw and Macedon Ranges and close to Hanging Rock and wineries, the properties feature volcanic red soil on flat land, double road frontages and mostly new fencing.
Each block has a dam in an area with reliable rainfall and panoramic views across to rolling hills.


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