Adelaide’s Patritti family is moving to selling its historic urban winery and two McLaren Vale vineyards, providing an opportunity to align with one of South Australia’s fastest growing wine brands.
Patritti was founded in 1926 by Giovanni Patritti and is Adelaide’s only remaining 100% family owned, fully operational suburban winery and cellar door.
CBRE’s John Harrison, Angus Bills and Ned Looker have been appointed to manage the sale, with the family’s Dover Gardens winery and associated vineyards in Blewitt Springs and Tatachillato be offered in one-line or as individual assets.
Interested parties will also have the option to purchase the assets as a going concern, including the associated wine brand, labels, wine stock, consumables, business goodwill and associated plant & equipment.
The Dover Gardens winery is situated 12km from the Adelaide CBD and is a genuine ‘grapes to glass’ operation, which would also be suited to further development opportunities, subject to council approvals.
The associated vineyards are spread across 68.95ha, with 27.31ha planted to Shiraz, Grenache, Cabernet Sauvignon, Mataro and Muscat. They benefit from secure water licences amounting to 39.9ML via underground water and through the Willunga Basin Water Company.
Of the balance of the land, 28.75ha is considered arable.
The Dover Gardens winery is situated on four freehold titles and has a land footprint of approximately 1.78ha with a 1,500T crush capacity. Improvements include a moderate size bottling hall, warehouse, cellar door, office, workshop, cool room, storage shed and manager’s residence.
“Due to the winery’s sought-after location and being a large land footprint in a residential area within Adelaide’s inner southwestern suburbs, it also lends itself to further development opportunities,” CBRE’s Mr Looker said.
Mr Harrison added, “The Patritti brand is highly respected due to the quality of wine and longstanding family history. We’re expecting interest from wine industry participants seeking to continue the legacy.”
The aggregation is being offered for sale as a going concern or as individual properties with Stage One of the EOI campaign due to close on Thursday 6 March 2025, if not sold prior.
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