East Coast Wine Trail

East Coast Wine Trail
East Coast Wine Trail

Wednesday, 19 April 2023

Leading Australian wine brand puts vineyards up for sale

Banrock Sation, one of Australia's highest-profile wine brands, has put its vineyards and facilities up for sale.

Owned by Australia's second-biggest wine company, Accolade Wines, Banrock Sation is selling a 235- hectare Riverland vineyard on two titles that produces an average of 5,700 tonnes of grapes annually.

Most of the vines were planted between 1993 and 1996, agents Langley & Co says on their website.

The vineyards are planted with shiraz, cabernet sauvignon, semillon and chardonnay plus a mix of alternative varieties.

The sale, by expressions of interest, includes a 1,619 ml annual water licence and "extensive building improvements" including a modern visitor centre, two houses and shedding.

The winey plant and equipment are for sale by negotiation.

The package includes the Wine Centre and "world-renowned wetland" subject to a long-term lease with Accolade Wines.

Expressions of Interest are invited to be lodged by May 5.

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