CBRE Agribusiness will steer an Expression of Interest campaign. Source: Image supplied.
  • 80.56 ha Vineyard property has been listed for sale
  • CBRE Agribusiness will steer an Expressions of Interest campaign

An 80.56-hectare property in South Australia’s Limestone Coast wine-growing region has been listed for sale.

CBRE Agribusiness’s, Angus Bills, and Phil Schell are managing an Expressions of Interest campaign. Invitations are due by 4 pm (ACST) on 15 April 2021.

The Mustering Paddock Vineyard is located 27 km north-west of Coonawarra, 28 km south-west of Naracoorte, and 450 km south-east of Adelaide.

Established in 1999 by Roger and Sally Haynes, the vineyard property has been operated and managed by the family since, achieving consistently strong yields.

The settlement of the property will occur after the 2021 vintage is harvested.

The site has been professionally developed, including bitumen and limestone road access with a central laneway and modern irrigation infrastructure.

Improvements made recently include a Colorbond shed with separate staff quarters and office, a second machinery shed, and single and three-phase power.

The property is being offered for sale on a walk-in, walk-out basis. Extensive plant and equipment will be negotiated if required.

“Mustering Paddock Vineyard is a reliable and productive vineyard, and a prime opportunity to buy into the Limestone Coast wine-growing region.”

“It is well-equipped, turn-key operation, with its viticultural opportunities accompanied by grazing land for livestock.”

Angus Bills, CBRE Agribusiness

“We expect interest from existing vineyard operators and local landowners looking to expand, and investors seeking sale and leaseback opportunities,” concluded Mr Schell.

You May Also Like

Federal Government renews $67.5 million funding for homelessness services

Over 200 support staff in Victoria to continue their crucial work, with $23.5 million allocated for their wages

Green-focused Perth commercial building approved

The 10-storey timber building will be located within the Bishops See heritage precinct

Demand for land drives NSW values toward $3 trillion

Increased by $1.7 trillion in the past year

Build-to-rent-to-buy options explored for vulnerable women in the ACT

Initiative would allow for women to rent at just 74.9% the market rate

Experts Corner by The Property Tribune

Ko & NPA partner to launch several co-owned luxury properties at Mermaid Beach, Gold Coast

Ko's partnership with NPA Projects provides more opportunities to co-own off-the-plan holiday residences, including exclusive Gold Coast properties

Continue reading

Top Articles

Expert tips on how to be a successful property investor

Property expert and buyer's agent, Lloyd Edge, shares his insights.

Australian commercial property update: Industrial and tourism assets lead the pack in trying times

Commercial assets have faced volatility recently, driven by financing changes and demand fluctuations from institutions and funds.

WA has emerged as a property investment hub, and why that's a good thing

Eastern investors chase Perth's affordability, doubling the distance between home and investment in 2023, reveals MCG research.