The property encompasses a 900-tonne winery (with plant not included), the cellar door and cafe. Photo / Supplied
The property encompasses a 900-tonne winery (with plant not included), the cellar door and cafe. Photo / Supplied
The property housing Kahurangi Estate vineyard, one of Nelson's leading wine companies located in Upper Moutere, Tasman District, is on the market for sale and leaseback.
"The Nelson-based wine company is offering the property to potential investors with a long leaseback arrangement in place," says Ken Montgomery of Colliers Internationalwho is marketing the property for sale by negotiation with colleague Mike Laven.
"Kahurangi Estate Limited produces a range of premium wines for sale in domestic and offshore markets," Montgomery says. "It also undertakes contract processing for other wine companies and growers, and imports and distributes a portfolio of wine, port, sherry and cognac from a range of international and domestic producers."
The 12.884-hectare property, located at the junction of Moutere Highway and Sunrise Rd, is well-known to travellers along the popular Moutere Highway and claims 'the oldest cellar door in Nelson".
Montgomery says Kahurangi estate will enter into a new 10-year lease with the purchaser commencing on the settlement date.
"The rent paid by Kahurangi Estate Limited will be 7.5 per cent of the agreed purchase price, which makes this a very attractive investment opportunity for those who are looking for alternative property investments," he says.
The 12.884-hectare property is well-known to travellers along the popular Moutere Highway. Photo / Supplied
"We think this will appeal to investors who are attracted to the Nelson lifestyle but who want a passive investment in one of the region's leading business sectors."
The property encompasses a 900-tonne winery (with plant not included), the cellar door and cafe as well as a 9.88ha vineyard with some of oldest commercially grown riesling vines in the South Island. The other grape varieties include pinot noir, sauvignon blanc, chardonnay, gewürztraminer, pinot gris and montepulciano.
