A good many people would probably jump at the chance to own a vineyard. Maybe if they were really into wishful thinking it would be on top of a mountain, but also still close to the beach; they might even throw in an avocado farm, too.
While such attributes might seem rather pie in the sky, such a holding does exist and is now on the market in the Gold Coast hinterland.
Located about half an hour from the coast’s glitter strip, the fully functioning Mount Tamborine Vineyard & Winery is a well known tourist destination, and home to one of Queensland’s most visited cellar doors.
While Queensland’s wine industry can trace its beginnings back to the 1860s, much of the growth has happened in the past 10 years, according to the Queensland Wine Industry Association, and today there is more than 1500 hectares of wine grapes in the state.
The Mount Tamborine Vineyard and Winery, which is set on 6 hectares, has been put on the market alongside its 42-hectare production hub in Ballandean, in the Granite Belt region where the wine is grown, produced and bottled.
The Mount Tamborine property has dual-road frontage as well as 1200 square metres of commercial zoning consisting of a restaurant, retail store, wedding and events venue, cellar door and two sub-leased stores.
Plus, the commercial area backs onto 5 hectares of display grape vines and an avocado harvesting area, which consistently produces a strong harvest and could potentially be subdivided.
Ray White Surfers Paradise Group sales agent Thomas Clark said the uniqueness of the property was likely to underpin its value in the years ahead.
“The vineyard and winery is a superb offering situated on some of Queensland’s most pristine land,” he said.
Ray White Surfers Paradise Group chief executive Andrew Bell said the rare holding was expected to generate significant interest.
“It is not often that buyers have the chance to purchase a business and a lifestyle on these two incredible nature strips,” Mr Bell said.
The business has been growing grapes and producing and bottling award-winning wine since 1996, and the current owners are selling in order to move on to other business opportunities.
Mr Bell said southeast Queensland and the Gold Coast in particular were benefiting from strong interstate migration, which augured well for the future of the region.
“The migration figures into the Gold Coast are extremely strong, and we continue to see plenty of buying activity, particularly from interstate buyers looking to move to a lifestyle destination that provides fantastic opportunities,” he said.
“The Gold Coast’s unemployment rate is far lower than the national average, and properties are selling well at great value.”