Established in 1997 by a ‘closet farmer’ who relocated from Sydney in an effort to escape the Metropolitan rat race, Tallagandra Hill has since grown to become a jewel in the crown of the cool climate Canberra wine region.
The undulating 38 acre land holding is currently home to 12,000 producing vines across 12.5 North facing acres. Together with a modern cellar door (frequently reviewed as one of the best in the region, and known for their incredibly value for money wines), together with a huge wine storage facility (which provides a glimpse of the abundant potential for growth), this is the ideal opportunity for someone who wants to walk straight in and start making wine, with minimal maintenance required given both were constructed in recent years.
The property’s quality is immediately evident with the solar-passive, architecturally designed four bedroom home (ideally sited to avoid prevailing winds). This is reinforced by the beautifully planted boundary line, a major irrigation hub with water supply from dam and bore, together with stunning district views. Throw in a thriving wine business, and you have one of the more unique opportunities to hit the market in Canberra and surrounds for some time.
The winery business has been run to suit the owner's requirements - a boutique operation that consists of purely retail trade, with the cellar door only open on weekends. The current owners have been extremely conscious of maintaining the integrity of the brand, and not over-producing. As a result, they hold lower stock levels than others in the region, and consistent, cashflow positive trading can be demonstrated for the last 10 years. There is, however, the potential to treble production with the current infrastructure, should the new owners wish to drive the business harder into wholesale markets.
The property would suit a tree changer, keen to walk straight into an established wine producing business without the need to spend 10 years and hundreds of thousands of dollars becoming established. It would also suit a national producer looking to add a Canberra footprint to their winery portfolio, or someone seeking the best of both worlds - being an easy commute to Canberra, backed up by an income producing opportunity from the winery, which could be managed by contract labour (which is readily available in the region if you don’t want to get your hands dirty).
The property is being sold as a going concern, and included in the sale are the land, improvements, plant, equipment, stock and the Tallagandra Hill winery business. This also includes business trademarks, a quality website, cellar club and membership of all surrounding wine associations.
For further information and to obtain a copy of the comprehensive Information Memorandum, contact Ben today.
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