Boutique Hunter Valley vineyard, restaurant and accommodation provider Nightingale Wines is expected to generate strong interest among existing industry participants and high net worth individuals to the value of more than $6 million.
Colliers’ James Beer and Bob Coote have been appointed to sell the 22ha property, which is located along the Hunter Valley Wine Tourism Route, a short distance from the historic village of Broke.
The property is planted to approximately 11ha of wine grapes, including Shiraz, Cabernet Sauvignon, Merlot, Chardonnay and Verdelho, and is benefited by a 120-seat restaurant, cellar door, 100-tonne winery and six luxury accommodation villas.
“The property enjoys outstanding views of the surrounding area, Adams Peak and Yellow Rock Mountain, and is located in one of the premier wine regions of New South Wales, approximately two hours’ drive from Sydney” Mr Beer said.
“The market for these types of properties is particularly strong, with several trophy assets transacting recently, and we expect the sale of Nightingale Wines will generate significant interest, given the property’s proximity to Sydney and outstanding backdrop.”
The Hunter Valley is one of Australia’s major wine regions, with a viticultural history dating back to the early 1800s. Known for varietals such as Semillon and Shiraz, it is home to numerous wineries, including world-renowned brands and family-run boutique operations.
Nightingale Wines is located amongst some of the most in-demand restaurants and wedding venues in regional New South Wales, as well as several large townships which provide easy access to a full array of services.
The property has direct creek frontage, along with several irrigation dams and a 40 megalitre water entitlement.
“Nightingale Wines comprises favourable topography and productive soil types,” Mr Coote said. “The vineyard was established from 1993 to 1995 and has been planted to several premium varieties and typically yields between 65 and 70 tonnes of fruit, which is bottled into Nightingale Wines branded products.”
In addition, a development approval has been granted for the construction of a further 14 two-bedroom villas, with each on a separate Certificate of Title, allowing for the potential sale of individual villas.
“The opportunity to develop additional villas would satisfy surging demand for accommodation in the Hunter Valley, as well as providing a lucrative income stream for the business going forward.” Mr Beer said.
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