Land Area: 8.5470 ha
Features:
- Established, well-presented, award-winning vineyard.
- Fully equipped restaurant with a capacity of 200+ people
- Significant add value potential for an expansion of existing hospitality services
- Idyllically located on Waiheke Island
Invest with confidence - this beautiful block comprises 8.5470h hectares of freehold land, enjoys excellent sun, a scenic outlook and expansive sea views. Rarely do properties of this type come to the market in Auckland.
Located just 12.2 kilometers from the passenger ferry terminal and immediately adjacent to the only operating airstrip on Waiheke Island, the property benefits from proximity to numerous traveler accommodation options and easy access to a wide range of recreational activities.
The property has been developed with a hospitality focus, which includes a fully equipped and licensed restaurant, cellar door and wine tasting room. In addition, there is a two-bedroom cottage on site.
The working vineyard covers approximately 30% of the total land area and produces between 12,000 and 15,000 bottles of wine across four varietals, with the highest production year in 2014, which saw 23,000 bottles produced.
The business operation was established in 2010 and is run by the owners. Serviced by various income streams, the business collectively enjoys an operating surplus. Most of the revenue is generated from the restaurant and bar, supplemented by tour company sales, wine export and wine wholesales.
There is potentially to develop the property by expansion of existing services and leverage off an existing and established wine brand. There is also an opportunity to develop visitor accommodation on the site, add a conference centre and increase wine production.
To be sold as ‘Going Concern’ including land, buildings, established vineyard operation and fully equipped restaurant and business.