Diverse Opportunity with Historical Significance
Sold $1,950,000
Wybong - 700 Yarraman Road
Yarraman Estate was first established in 1958 with cuttings taken and planted from the famed Penfolds vines located in Magill, South Australia. In 1967 the winery was constructed and was then known as ?Dalwood Estate?. It was officially opened by the then Prime Minister of Australia Harold Holt in 1967. Since then the property has had a number of changes in corporate ownership and saw a complete refurbishment of the winery in 1999 - 2000 at an estimated cost of $10m. Located in the tourism and wine country of the Hunter Valley, New South Wales.
The Yarraman Estate offering comprises:
Vertically-integrated 2,000 tonne crush winery and approximately 22 hectares of vineyards. Total land area of approximately 361.17 hectares including frontage to Wybong creek and approximately 226 hectares of suitable arable land. Significant 762.5 megalitre water entitlements and onsite water storage. Structural improvements including eight cottages varying in age and condition. The property is also suitable for subdivision into smaller lifestyle lots (STCA). Combining the winery/cellar and warehouse including a 500 barrel capacity cool room. Recent addition of the Hunter Expressway has reduced travel time and traffic. The winery also incorporates a labelling/storage area, laboratory, and plant room and water treatment shed. Set against the picturesque backdrop of rugged escarpments and valley views. Opportunity to re-invigorate or take a new direction with this historical property.
Co agent
Colliers International
Richard Royle
0418961575
Tim Altschwager
0408814699
Expressions of Interest close 13 November 4pm (AEST)
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Property Information
- Land area approx 3611700.00sqm