(UNDER CONTRACT)
A unique opportunity to purchase a package of two well established vineyards. Proudly owned and operated by a local family.
Consisting of two vineyards, 77 Battams Rd Moorook with a total freehold area of 10.63ha (26.27 acres) of which 8.3ha is planted to winegrapes AND 112 Kingston Rd Moorook with a total freehold area of 12.18ha (30.09 acres) of which 11.2ha is planted to winegrapes.
77 BATTAMS RD, MOOROOK - fronting Battams Rd and Kingston Rd; Current Cellar Door building includes A/C reception/winetasting room with slow combustion wood heater, toilet, office, undercover outdoor area, carport and verandah (could be converted into a residence), 15m x 15m Shed; 30,000l Water Storage tanks; 6m x 3m Garden Shed, Chemical Shed and undercover implements storage; Moisture Monitoring; 110,950kL water delivery rights with Central Irrigation Trust.
112 KINGSTON RD, MOOROOK - Including 2 bedroom, 1 bathroom cottage with NBN and SA Water connection. Currently tenanted at $180pw; 4 bay vehicle and implements storage; 115,000kL Water Delivery rights direct pump from Wachtel's lagoon; 500kL stock and domestic licence; Rainbird Remote Controller; Moisture Monitoring
Plant and equipment to run the vineyards is not included in the asking price but is negotiable.
Permanent Water is not included in the asking price but can be negotiated separately, at current market rates.
Vineyard yields and returns available from the Agent.
Separate offers for each vineyard considered - Contact Agent for further enquiries
The size of Moorook is approximately 52.3 square kilometres. It has 1 park covering nearly 10.2% of total area. The population of Moorook in 2011 was 645 people. By 2016 the population was 198 showing a population decline of 69.3% in the area during that time. The predominant age group in Moorook is 50-59 years. Households in Moorook are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Moorook work in a labourer occupation. In 2011, 78.8% of the homes in Moorook were owner-occupied compared with 81.2% in 2016..
Moorook has 208 properties. Over the last 5 years, Houses in Moorook have seen a 44.15% increase in median value. As at 31 October 2024:
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