This article is from the Australian Property Journal archive
NIGHTINGALE Wines is hitting the market in the Hunter Valley as investors and industry participants are set to swoop in.
Colliers’ James Beer and Bob Coote have been appointed to sell the 22ha property as it’s expected to draw plenty of interest.
The Boutique Hunter Valley vineyard, restaurant and accommodation provider is expected to reach $6 million.
The property features 11ha of planted wine grapes which include Shiraz, Cabernet Sauvignon, Merlot, Chardonnay and Verdelho. It is accompanied by a 120-seat restaurant with a cellar door, 100-tonne winery and six luxury accommodation villas.
The Hunter Valley is one of Australia’s most iconic wine regions with a rich history dating back to the 1800s. The Valley is known for varietals such as Semillon and Shiraz, it is home to numerous wineries, including world-renowned brands and family-run boutique operations.
Nightingale Wines is located under 2 hours away from Sydney and about 70 minutes from Newcastle. It is in close proximity to several large townships as well as a number of popular restaurants and wedding venues.
James Beer says the location is in a luxurious spot and will undoubtedly be a popular property on the market.
“The property enjoys outstanding views of the surrounding area, Adams Peak and Yellow Rock Mountain, and is located in one of the premier wine regions of New South Wales, approximately two hours’ drive from Sydney” Beer said.
“The market for these types of properties is particularly strong, with several trophy assets transacting recently, and we expect the sale of Nightingale Wines will generate significant interest, given the property’s proximity to Sydney and outstanding backdrop,” he added.
The construction of 14 two-bedroom villas has also been approved with the option to sell the villas individually.
“The opportunity to develop additional villas would satisfy surging demand for accommodation in the Hunter Valley, as well as providing a lucrative income stream for the business going forward.” Beer said.
