Ballandean Estate: QLD’s oldest family winery listed for $5m
It’s last drinks for the husband-and-wife duo at the helm of Queensland’s oldest family-owned winery.
The couple, both aged in their late 80s, have listed Ballandean Estate and its associated business infrastructure for sale for $5 million after their daughters decided not to take up the business.
“It’s a bittersweet moment for the vendors,” says agent Mike Guyomar of Baton Advisory. “This asset represents a lifetime’s work.”
The vineyard and winery were established in 1932 and the vendors took up ownership not long after.
Today, about 20 hectares of the 30-hectare property is covered in grapevines, yielding 250 tonnes of grapes a year. Guyomar says the new owner could increase production to 300 tonnes a year by planting more vines.
Ballandean Estate produces a wide variety of cool-climate wines, including well-regarded shiraz and chardonnay. “The estate also grows several niche varieties of grapes, producing distinctive wines that are not mainstream,” Guyomar says.
The estate’s premium wine portfolio enjoys strong brand recognition and a loyal direct-to-consumer following. Ballandean Estate has an active social-media presence, online sales infrastructure and a popular loyalty club.
With a team of long-serving staff in place, the new owner would enjoy a seamless transition, Guyomar says.
Multiple revenue streams, including export, wholesale and online sales, delivered average annual sales of $2.5 million in the 2023-25 financial year, with gross margins of around 80 per cent.
The estate generates additional revenue through its cellar door and wine lounge, The Barrelroom, which serves signature grazing platters and cheese boards.
The attached commercial kitchen could support a restaurant, and there is ample space to develop guest accommodation, subject to approvals.
“There is significant potential to expand the on-site offering and take advantage of growing visitor numbers to the region,” Guyomar says.
Ballandean Estate is located about three hours south-west of Brisbane in the Granite Belt, at an elevation of 850 meters.
The region is becoming increasingly popular with winemakers, Guyomar says.
“There has been significant investment in the locality, including a major new vineyard that is taking shape,” he says. “It is a unique part of Queensland.”
Guyomar is fielding expressions of interest above $5 million plus stock evaluation. The sale includes supporting land and water licences that would allow for vineyard or winery expansion.
The buyer could also opt to acquire additional property or equipment held by the vendors.
“This is a fantastic and much-loved business,” Guyomar says. “It is good to go right now but is also ripe for expansion.”
