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328 Georges Road, Waipara, Hurunui

Price by Negotiation

33.8ha

Highly Acclaimed — Certified Organic — Premium Wine Business

Here is a rare opportunity to acquire an established, fully operational organic vineyard and wine business, located in the heart of the increasingly impressive Waipara wine growing district.

Terrace Edge is only a 50 minute drive (58 km) from the sought after major south island centre of Christchurch and its international airport. The property is very handy to the nearby centres of Amberley - 9 minutes, and Rangiora - 25 minutes. Primary schooling is available at nearby Broomfield - 3 minutes and secondary is in Rangiora, for which there is a school bus service.

The 33 hectare property, situated on two terraces above the Waipara River, has approximately 15 hectares trellis area of certified organic vineyard with 9 varieties, which are all planted on the top terrace. The vineyard was originally established in 2002, with expansion occurring in 2004 and 05. New varietals have been introduced in 2013, 14, 17 & 21. The vines are all grafted, fully irrigated and frost protected.

The organic, single vineyard wines, are recognised as premium and have been highly awarded. The vineyard was judged Organic Vineyard of the year in 2018. The wine business was awarded Organic winery of the year in 2021. The iconic TVNZ farming programme Country Calendar featured the enterprise.

The property also has some 5 hectares of Olive trees producing olive oil, which is also sold under the Terrace Edge brand. In addition there is an area of table olive trees, and feijoas.

Buildings on the property centre around the tasting facility/cellar door operation.

The main water source is a bore located on the lower terrace. Additional water supply is provided from a gallery adjacent to the Waipara River. There are separate Resource Consents for these two sources of water. The volumes are sufficient to meet irrigation requirements. There is significant tank storage capacity.

There is approximately 7 hectares of "bare land" suitable for vineyard expansion. Centrally positioned on the upper terrace, is a magnificent building site, with majestic views, should establishment of a homestead be an objective.

The enterprise is for sale as a going concern. This incorporates land and buildings, plant and equipment, wine stock, brand and all existing markets and goodwill.

Price is available on application. Inspection is by appointment only.

Availability of an enterprise of this calibre, well established yet still oozing potential for expansion in producing area as well as marketing of the brand, is not common.

Additional information is available on request. Financial information is available on completion of a Confidentiality Agreement.

Additional details

Type

Horticulture

Property ID

BF37452

Listed on

29/09/2022

Updated

07/02/2024

Data

Property insights

OneRoof estimateRating valuationProperty history

Rating valuation

Property data

Broadband available

Land area

33.8ha

Title

CB46B/281

Legal description

LOT 3 DP 81013 BLK IV GREY SD

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Waipara, Hurunui

Waipara is a suburb which lies within the Territorial Authority of Hurunui, one of 26 residential suburbs which form the wider region. Waipara is the 6th largest suburb of Hurunui in terms of the total number of residential housing stock. Waipara provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1880 - 1889. The majority of the residential housing stock in the locality was constructed between 1950 - 1959. Residential housing stock in Waipara is made up of approximately 69% residential housing and 31% lifestyle properties.

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