Established vineyard and Quince orchard opportunity. 45.64 acres planted to Chardonnay, Semillon, Shiraz, and Cabernet Sauvignon wine-grape varieties plus 9.91 acres planted to quince trees. Located on Clements Road, Cobdogla and bordering Chambers Creek, this property offers the astute and energetic buyer the opportunity to live in an idyllic environment with an enviable climate whilst generating an income.
Total area is approximately 52ha (127 acres) on two titles, with 18.47ha (45.64 acres) planted to wine-grapes and 4.01ha (9.91 acres) to quinces. The entire property is under drip irrigation. Grape varieties include Chardonnay (5.42ha), Semillon (2.48ha), Shiraz (4.71ha) and Cabernet Sauvignon (5.86ha), with production figures for previous vintages available on request.
The entire vineyard is on an annual contract to a local winery. The quinces are contracted for 10 years to Maggie Beer Products in the Barossa Valley and are used to make quince paste. It is expected that when the quinces are in full production they will generate around $50,000. Quinces used for this purpose would be classed as a low input, low maintenance crop.
Figures have shown a steady increase in grape production as a result of changed fertigation procedures. There is a permanent water allocation of 10ML with the property and 210ML total delivery rights available. Currently 100ML extra is leased in on a yearly basis. The vineyard is currently being run under management.
There is a basic two bedroom cottage with the property featuring open plan kitchen, lounge and dining, bathroom with separate toilet and the two carpeted bedrooms. With some renovation this home would come up quite nicely and with some basic work the home will be liveable as it is. There are fantastic views of Chambers Creek from the cottage and it could certainly be made into a successful bed and breakfast type property as well.
There is a machinery shed on the property and plant includes a tractor, a 4-wheel motorbike, and a Ford tray-back utility. The gross return for the property for the 2016 vintage is in the order of $102,000 and would have been considerably more had it not been for a substantial loss of quinces in a wind-storm.