29 Palmers LanePokolbin NSW 2320
Property Details for 29 Palmers Lane, Pokolbin
Last Listing description (April 2024)
A Hunter Valley icon and landmark, Peacock Hill, in the heart of Hunter Valley Wine Country is being offered for sale for the first time in more than 25 years.
Sitting among the Hunter's most prized vineyards, this boutique parcel of 20 acres offers a substantial home, two bedroom guest accommodation, cellar door, Manager's Residence, a massive underground storage cellar, a machinery shed, 20Kw solar power and park-like grounds with huge shady Jacarandas and Peppercorn trees and a tennis court.
The main residence offers generous living spaces including a games room with full size snooker table, a first floor formal dining room with wrap-around verandas, an amazing commercial grade kitchen with stainless and stone tops, an atrium as well as oversized bedrooms and a home office. Adjoining is a two bedroom, two bathroom guest lodge and cellar door from which a very successful high-end wine business is operated.
In addition, a Manager's Residence was constructed more recently and has been structurally engineered to be converted to a restaurant (stca). It offers breathtaking views over the surrounding vineyards as well as a huge underground temperature controlled wine storage cellar that is large enough to be a winery space (stca).
Predominantly planted in 1968, the vineyard on the property spans a manageable fully irrigated 12 acres and has a 14meg PID allocation with some of the Hunter's best examples of Cabernet Sauvignon, Cabernet Franc, Shiraz and Chardonnay. Approximately 2acres is vacant in the front paddock and suitable for further planting or development.
The profitable wine business, wine stock and equipment can be sold with the property or the whole property may be used as a function space.
A rare offering, additional information is available on request.
Inspection strictly by private appointment with agent.
Property History for 29 Palmers Lane, Pokolbin, NSW 2320
- 24 Oct 2023Sold for $3,600,000
- 01 Mar 2022Listed for Sale Expressions of Interest
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About Pokolbin 2320
The size of Pokolbin is approximately 132.8 square kilometres. It has 10 parks covering nearly 9.6% of total area. The population of Pokolbin in 2011 was 694 people. By 2016 the population was 955 showing a population growth of 37.6% in the area during that time. The predominant age group in Pokolbin is 60-69 years. Households in Pokolbin are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Pokolbin work in a managers occupation. In 2011, 69.3% of the homes in Pokolbin were owner-occupied compared with 77.5% in 2016.
Pokolbin has 1,580 properties.
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