Chinese investors secure Max’s Vineyard on God’s Hill Road at Lyndoch, with plans to roll out new international wine label
Chinese investors have bought the productive Max’s Vineyard on God’s Hill Road in the Barossa Valley.
They intend to rebrand the enterprise and grow sales into China, as well as continue selling wine domestically.
Colliers International’s Tim Altschwager and Nick Dean negotiated the sale of the 60-acre property, attending the opening of the new winery last week.
Mr Dean said about 40 acres were principally planted to the Barossa’s signature red varieties, including shiraz, grenache and cabernet sauvignon, as well as smaller blocks of riesling and chardonnay, with annual spot sales to well-known producers, including Treasury Wine Estates.
“There is a bespoke cellar door/winery premises in a garden setting, which has been sited to take advantage of spectacular views over the vineyards and surrounds,” he said.
“The prime location, the established vineyard, the consistent high quality fruit and the potential of the existing improvements made it particularly attractive to the buyers.”
Mr Altschwager said vineyards like Max’s rarely, if ever, came to market.
“The buyers recognised the value and potential and wasted no time in securing the property.”