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634 Lake Plains Road Lake Plains SA 5255

  • Rural / Farming
  • 104 ha
  • For Sale, Contact Agent

ALEXANDRINA VINEYARD

  • Total land area of 104.5* hectares
  • Abundant water available
  • 95kW solar energy system

CBRE Agribusiness are pleased to present for sale the Alexandrina Vineyard, a substantial 104.5* hectare highly productive vineyard located in the well renowned Langhorne Creek wine region of South Australia.

The property is located 11 kilometres south of Langhorne Creek, 12 kilometres north-east of Milang, 23 kilometres south-east of Strathalbyn and 72 kilometres south-east of the Adelaide CBD.

Key investment highlights include:

100% red grape varieties currently planted to 89.09* hectares of high yielding wine grapes, varieties including Shiraz, Cabernet Sauvignon, Cabernet Franc, Malbec, Petit Verdot and Sangiovese.

Abundant water available including 220* megalitres of River Murray PWC entitlements, 80* megalitres of Angas Bremer Prescribed Wells Area entitlements, access to 30* megalitres peak and 40* megalitres off-peak through the Creeks Pipeline Company (CPC) and a 5* megalitre dam.

Recent plantings include 27.6* hectares in 2017/2018 and 18.3* hectares planted in 2019, creating additional benefits to the incoming purchaser with guaranteed increase in production.

Excellent fit-for-purpose infrastructure including a large machinery shed, four-bedroom home, stone cottage, office, sundry shedding, wash-down facilities and modern irrigation infrastructure.

95kilowatt solar energy system provides the bulk of the propertys electricity, and an additional 10kilowatt system with a Tesla battery supplies the home (currently rented).

Historical yields (per hectare) include Shiraz 10-13* tonnes, Cabernet Sauvignon 8-12* tonnes, Petit Verdot 10* tonnes, Sangiovese 12* tonnes, Cabernet Franc 10* tonnes and Malbec 5-6* tonnes (projected).

Current contracts include Treasury Wine Estates (TWE), The Wine Group (TWG), Atlas Wines and Australian Swan Vintage.

2021 crop available by negotiation.

The property features a central lane way and main road frontage allowing ease of movement for machinery and facilitating management operations.

FOR SALE BY EXPRESSION OF INTEREST CLOSING THURSDAY 8 OCTOBER 2020 AT 4:00PM (ACDT)

Angus Bills
Negotiator
+61 400 859 634
angus.bills@cbre.com

Phil Schell
Director
+61 418 809 849
phil.schell@cbre.com

Property Highlights

Property ID2016466978
Floor Area1,040,000 m²
Land Area104 ha
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  14 Sep 2020
Map for 634 Lake Plains Road Lake Plains SA 5255
Map for 634 Lake Plains Road Lake Plains SA 5255634 Lake Plains Road Lake Plains SA 5255
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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CBRE South Australia RLA 208125
Level 5 151 Pirie Street Adelaide SA 5000

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