Diamond Ridge Vineyard
Vintage returns just around the bend
With the 2018 wine grape vintage approaching, this fully contracted premium wine grape vineyard is ripe for the picking.
The property is located in the renowned horticultural region of Donnybrook and provides the investor with a steady income stream from one of the world’s largest wine companies and an opportunity for expansion into alternative crops.
Income is generated from wine grape sales from the 62.55 ha wine grape vineyard already developed, whilst the additional land can be explored for planting premium hops for the burgeoning craft beer industry, avacados to service the millennial “smashed avo” demand or maybe even elderberries for the developing craft spirit sector.
The property sits across four adjoining titles and provides opportunity for future development and sub-division, subject to the regulatory approval.
This well developed and managed property with a total land area of 204.483 ha is being offered for sale at $3.0 million (plus the 2018 wine grape crop) which is at or below the cost of replacement as the owners wish to retire.
Substantial water and high quality infrastructure makes this property an ideal investment opportunity.
Check out the benefits of the Donnybrook area here.
For your exclusive inspection of this premium agricultural property contact:
Mike Calneggia: +61 419 963 474 / mcalneggia @langleyandco.com.au