Nightingale Wines Hunter Valley, Sydney For Sale 11 Hectares Mixed Wine Grapes, a 120-Seat Restaurant, Cellar Door, 100-tonne Winery and 6 Luxury Villas, With Scope to Add 14 More 2-Bed Villas
Location: Hunter Valley Wine Tourism Route, Sydney, NSW, Australia
Name: Nightingale Wines
Guide Price: AUD$6m – around £3.4m
Guide Price per Key: N/A
No. of Keys: Currently six villas, with development approval 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…plus 22 hectares of land with 11 hectares of vineyard
The Opportunity:
Nightingale Wines is for sale located on the Hunter Valley Wine Tourism Route, a short distance from the historic village of Broke, includes 11ha of wine grapes, Shiraz, Cabernet Sauvignon, Merlot, Chardonnay and Verdelho, a 120-seat restaurant, cellar door, 100-tonne winery and six luxury accommodation villas. The estate is for sale by Colliers Australia.
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 AUD$6 million.
“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” James Beer of Colliers 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,” Bob 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.
Flag & Management: Free to new owner
Current Owner: Private family
Main Photo: The building entrance
Financials: 2019 financials with EOI
Tenure: Freehold
Agent: Colliers are the retained local agent. Buyer would need to retain THPT. EoI required by 23rd November
Date Posted: October 2022
THPT Comment: This is the ideal (maybe retirement) owner-run wine and hospitality project for a global hotel professional looking to retire/settle in Australia…with the vineyard well established and a great restaurant reputation. Full IM available
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