Colliers International to auction “dress circle” 45-hectare vineyard in the Adelaide Hills
A 45.31-hectare vineyard in the Adelaide Hills will go to auction next month, as buyers scramble to capitalise on the resurgence of South Australia’s viticulture market.
Colliers International’s Nick Dean, Nick Goode and Tim Altschwager have been instructed to auction the Bluestone Vineyard in Woodside, which is expected to draw interest from investors, industry participants and lifestyle buyers.
The property was established in 1997 and has supplied premium-quality fruit to well-known wine producers, including Treasury Wine Estates, Taylors Wines, Hentley Farm Wines and Lobethal Road.
“Planted to approximately 30 hectares of premium varietals suited to the region, Bluestone features plantings of sauvignon blanc, pinot gris, pinot noir, cabernet sauvignon, shiraz and tempranillo,” Mr Dean said.
“The auction presents investors and industry participants with an opportunity to gain a foothold in this increasingly tightly held area on established terroir.”
Mr Dean said South Australia was the principal grape-growing and wine-producing state in Australia, an industry that has become a major contributor to its economic activity.
“The Adelaide Hills region is an extremely important wine-producing region, responsible for producing some of the country’s best cool-climate wines,” he said.
“Premium-quality chardonnay and some of the best sauvignon blanc in the country is produced here.”
Improvements include a ranch-style residence, modern implement shed with amenities, chemical and pump sheds, internal roadways and an ample underground water licence of about 76 megalitres.
Woodside is about 37 kilometres east of the Adelaide CBD via the South Eastern Freeway and is a key contributor to Adelaide Hills as a tourist destination.
“Bluestone Vineyard’s immediate neighbours include Bird In Hand winery and Petaluma,” Mr Goode said.