Yarra Valley’s Heritage Hotel and Gardens up for Sale
Historic Chateau Yering, built on Victoria’s oldest vineyard, is back on the market five years after Chinese millionaire William Wei snapped it up for $14 million. But Wei is not the vendor this time around. According to the Chateau Yering website and the corporate register, ownership was transferred to local architect Max Zhang in 2018. The 32-room luxury chateau is on 101 hectares of land next door to the award-winning Yering Station winery. It’s expected to sell for between $18-$20 million.
HTL Property agents Andrew Jolliffe, Andrew Jackson and Burgess Rawson’s Zomart He are handling the international expressions of interest. The chateau was originally built in 1854 for the de Castella family, who ran the 19th century vineyard. The gardens were designed and planted by Baron Ferdinand von Mueller who laid out the Royal Botanic Gardens in South Yarra and several other regional Victorian public gardens. In 1996, the chateau was turned into a luxury hotel, wedding venue and conference centre by Len and Elly Milner and the Yering Station vineyard was sold to the Rathbone family.