Queensland winery ripe for your picking
Love a good drop? Well put down the store-bought vino because here is your chance to own an entire vineyard and winery.
The Mount Tamborine Vineyard and Winery (MTVW) is on the market for the first time since 1996, and will launch to the market this week.
For sale by negotiation, the significant holding includes the 15.25-acre retail arm at 122-128 Long Road in Mount Tamborine and the 105.5-acre vineyard at Ballandean in the Granite Belt region.
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Ray White Commercial Gold Coast agent Thomas Clark says the MTVW vineyards at Ballandean are located next door to the award-winning Sirromet Wines and other well-known top producers.
The MTVW retail and production arm…
…and its vineyards at Ballandean on the Granite Belt are on the market.
He says MTVW produced seven tonnes each of chardonnay and shiraz grapes, and three tonnes each of merlot and cabernet grabs last financial year.
“And that was at a time when the late rainfall impacted the harvest,” he says.
At Mount Tamborine, the retail arm consists of a cellar door retail store and tasting room, an events venue that is mostly used for weddings and a two kitchen restaurant.
The Mount Tamborine Vineyard and Winery.
The Mount Tamborine Vineyard and Winery.
There is also 12 acres at the rear of the property used for growing avocados.
Clark says the grapes from the Ballandean property are harvested and transported to Mount Tamborine for crushing and bottling.
He says the operation is an “outstanding business and land opportunity”, with the possibility of subdividing the 12 acres currently being used for avocado growing.
The Mount Tamborine Vineyard and Winery.
The Mount Tamborine Vineyard and Winery.
“We will be targeting those people who already own vineyards and the high net worth individuals who have an interest nationally,” he says.
“The campaign hasn’t even officially started yet but we have already had interest from Singapore and New Zealand.”
Clark remains tight-lipped on the potential sale price for the property but says it will be substantial.
He says the property is being sold by negotiation after its founder passed away a few years ago.
The Mount Tamborine Vineyard and Winery.
The Mount Tamborine Vineyard and Winery.
“His (the founder) daughter took over but they want to move on,” he says.
Expressions of interest close on February 27.
Clark says the business has “huge potential for growth”.
“Something of this calibre, it just doesn’t come along very often,” he said. “It is such a rare opportunity to have a business that is so self-sufficient with multiple income streams.
“I think the last one that sold was Mason Wines but that was nothing compared to this one.”
This article from the Courier Mail originally appeared as “Own your own winery an hour from Brisbane”.
