winery sale – realestatesource https://www.realestatesource.com.au Commercial and residential property news Fri, 30 Jun 2017 00:26:22 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.4 https://www.realestatesource.com.au/wp-content/uploads/2024/03/rsfav-100x100.png winery sale – realestatesource https://www.realestatesource.com.au 32 32 Langhorne Creek Vineyard, South Australia, Sells For $6.2 Million https://www.realestatesource.com.au/langhorne-creek-vineyard-south-australia-sells-for-62-million/ Wed, 14 Dec 2011 04:00:03 +0000 http://realestatesource.com.au/wordpress/langhorne-creek-vineyard-south-australia-sells-for-62-million.html BULK wine producer Yellow Tail is reportedly the purchaser of a 310 hectare vineyard at Langhorne Creek in South Australia.

The producer is buying the asset for $6.2 million from Cheviot Kirribilly, which is being wound up, according to the AFR which reported the transaction. Cheviot has another 120 hectares of vineyards under offfer at Angus Creek in the Adelaide Hills for between $25,000 and $30,000 per hectare.

Two more vineyards in the Clare Valley will be sold next year, it is reported.

]]> South Australia’s Cockatoo Ridge Winery Sells https://www.realestatesource.com.au/south-australias-cockatoo-ridge-winery-sells/ Thu, 03 Mar 2011 04:26:08 +0000 http://realestatesource.com.au/wordpress/south-australias-cockatoo-ridge-winery-sells.html SOUTH Australia’s Cockatoo Ridge Winery has sold for $3 million.

The 12.8 hectare winery is in Riverland, reportedly Australia’s largest wine grape producing region.

Cockatoo Ridge includes offices, a tasting room, laboratory and storage facility. Colliers International marketed the processing facility.

]]> Challenger Wine Trust to Sell $20 Million in Wineries https://www.realestatesource.com.au/challenger-wine-trust-to-sell-20-million-in-wineries/ Wed, 23 Sep 2009 14:20:14 +0000 http://realestatesource.com.au/wordpress/challenger-wine-trust-to-sell-20-million-in-wineries.html THE CHALLENGER Wine Trust is understood to be selling about $20 million of dozens of vineyards around the country.

The trust's manager Nick Gill told The Australian "We are in the process of reducing our gearing, as all property trusts are."

"They are of varying sizes, all dotted across different parts of Australia, some in premium areas and some in less premium areas".
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Earlier this year the group sold five vineyards for about $10 million. Sold vineyards include Bethany Creek and Vine Vale in the Barossa Valley, and the Upper Hunter Valley, Sandy Hollow, Inglewood and Dalswinton dairy farms.”

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