396 Myrtlegrove RoadCurrency Creek SA 5214
Property Details for 396 Myrtlegrove Rd, Currency Creek
Last Listing description (May 2017)
A vertically integrated wine operation including a modern winery, large established vineyards substantial wine inventory, established brands, domestic and internal distribution networks, cellar door and outstanding growth potential.
Features include:
- Winery with 7,500* tonne capacity.
- Impressive barrel store.
- Cellar door.
- Administration facilities.
- Total land area 926* hectares.
- Vineyard plantings 432* hectares.
- Multiple water sources and licences.
The sale of Ballast Stone Estate Wines presents an excellent opportunity to acquire an established South Australian wine business with: self-evident and substantial improvements; a track record as a known producer of premium wine and bulk wine, and a leading provider of wine processing services; and existing expertise and a valuable customer and distributor base.
FOR SALE - $14.4 Million + Wine Stock at Cost. Offers close Thursday 24 November at 4pm (ACDT).
* Approx.
SRAP16
Property History for 396 Myrtlegrove Rd, Currency Creek, SA 5214
- 15 Sep 2016Listed for Sale Not Disclosed
- 12 Oct 2015Listed for Sale Not Disclosed
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About Currency Creek 5214
The size of Currency Creek is approximately 109.3 square kilometres. It has 1 park covering nearly 1.9% of total area. The population of Currency Creek in 2011 was 396 people. By 2016 the population was 386 showing a population decline of 2.5% in the area during that time. The predominant age group in Currency Creek is 50-59 years. Households in Currency Creek are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Currency Creek work in a managers occupation. In 2011, 82.6% of the homes in Currency Creek were owner-occupied compared with 92.8% in 2016.
Currency Creek has 300 properties. Over the last 5 years, Houses in Currency Creek have seen a 93.58% increase in median value, while Units have seen a 75.67% increase. As at 31 October 2024:
- The median value for Houses in Currency Creek is $1,043,466 while the median value for Units is $810,346.
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