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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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