89 McPherson Road, Alexandra

89 McPherson Road, Alexandra Profitable Vineyard in Central Otago

Located in the wine growing Earnscleugh area, this 19.3ha Central Otago property offers an exceptional opportunity to acquire a mature established vineyard and well-known wine brand. With an excellent A-class water right, you can be confident in its continued success.

Over the past 10 years, improvements and much hard work has ensured that the 20–24-year-old vines are in optimum health and producing high quality fruit. Three Miners grow a variety of vines: Pinot Noir, Pinot Gris, Riesling and Gewurztraminer. The vineyard has produced more than 115 tonnes of Pinot Noir fruit/annum for the last 3 years. The business has two revenue streams. The sale of fruit within the wine industry to other premium brands for both table and sparkling wine and the sale of Three Miners branded wine. Three Miners wine has won 2 trophies and 11 gold/double gold medals in both New Zealand and International Wine competitions. It is well known locally with a loyal following. In addition, there are sales expansion opportunities both Nationally and Internationally.

Vineyard trellising, irrigation system along with vineyard and winery equipment are all in good working condition. Vineyard management including key work activities are completed by the owner and one staff member. Labour is contracted for more routine aspects such as pruning and shoot tucking. There is a staff room on site which offers a kitchen area, bathroom, and laundry.

The property also comes with a 252m2 renovated home offering comfortable modern living with open-plan kitchen, dining, and lounge. Accommodation consists of four bedrooms, three doubles and a single, an office, two bathrooms, a separate laundry and French doors leading out to the sun-drenched decking area. Double Garage, along with a separate dwelling featuring the Cellar Door, office and two storage rooms.

The current owners are available to provide advice, oversight and support if required by a new owner to ensure a successful handover of the Three Miners Vineyard and business.

An ideal acquisition to an existing portfolio or as a single vineyard label worthy of recognition, this is an opportunity you don’t want to miss.

Contact Cushla Aitchison today to arrange a private viewing and explore what this property has on offer.

Features:

• Prime Central Otago Location

• Gold medal winning wines

• Fruit supply agreement in place

• 10-year water right (approx.)

Viewing by appointment only.