The 170 acre property, located one hour from Melbourne's CBD, is pitched unashamedly at the top end.
Colliers International Director of Special Projects Theo George said it was a good opportunity for people looking for somewhere to park their cash.
Five Sons Estate Vineyard forms part of the rich fertile land producing some of the finest wine grapes on the Mornington Peninsula.
"Rarely does a property come on the market of this size in the heart of Mornington Peninsula," he said. "This site set in the finest viticultural locations with ample land allowing scope for expansion."
The property at 85 Harrisons Road, Dromana, Mornington Peninsula, Victoria is the perfect getaway for high net worth individuals seeking a rural property.
Mr George expected interested buyers to be wine producers, lifestyle buyers or potential bed and breakfast operators seeking an income stream.
In the 1930's passion fruit were grown in large quantities on the property and processed into cordial in the historic Passiflora factory.
"The Passiflora factory has been renovated and converted into a wine tasting and cellar door sales, including function/restaurant facility with commercial kitchen," he said. Mr George is running an expression of interest campaign, and expects the property to sell for more than high $6 million-plus.
"Fabulous Mornington Peninsula location with vantage points offering breathtaking bay view's, minutes to Port Phillip Bay beaches, swimming, boating and fishing and the bayside towns of Dromana, Safety Beach and prestigious Martha Cove,"
Comprising of five titles with possible potential to subdivide subject to council approval, the property features state of the art computerized weather station, electronic irrigation and fertigation system, abundant water supply via town mains, bore, and dams, as well as two 3-bedroom cottages.
"Surrounding properties are a mix of rural, rural lifestyle and quality vineyards and wineries."