This article is from the Australian Property Journal archive
VITICULTURALISTS and investors have been spoilt for choice for South Australian vineyards in September, with another Barossa Valley asset hitting the market.
Tweedies Gulley Vineyard, at Lot 102 Hoffnungsthal Rd in Williamstown, encompasses 21.57 hectares. Eleven hectares is currently planted to cabernet franc, shiraz, white frontignac and chardonnay grapes, while six hectares would suit future viticulture or building developments.
The reliable vineyard has 16ML Barossa Infrastructure Limited and 15.8ML Barossa Prescribed Water Resources Area water entitlements, and is positioned on the southern edge of the Barossa, 6 kilometres south east of Lyndoch and 55 kilometres north east of the Adelaide CBD.
CBRE Agribusiness’s Angus Bills and Phil Schell are managing the expressions of interest campaign that is closing 22nd October.
“The Barossa Valley is famous around the world as a wine-growing region, and its vineyards are traditionally tightly held,” Schell said, adding that Tweedies Gully Vineyard would suit buyers looking for a tree change.
“The scale of the vineyard, strong track record and location in the Barossa represent a perfect entry point for new industry participants.
“We’re also expecting interest from existing viticulture participants and investors.”
September has been a busy month for the subsector.
Barossa winery Rolf Binder was put to the market after 65 years of family ownership, by brother and sister duo Rolf Binder and Christa Deans. The offering includes more than 100 hectares of premium Barossa Valley vineyards across multiple sites, as well as the winery, cellar door and multiple brands including JJ Hahn and Magpie Estate.
That was quickly followed by the 105 hectare red grape varietal Alexandria Vineyard in Langhorne Creek listed for sale with expectations of over $6.3 million. About 93 hectares is planted to shiraz, cabernet sauvignon, cabernet franc, malbec, petit verdot and sangiovese grapes.
