OFF MARKET

7089 Riddoch Highway
Padthaway SA 5271

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 684400m2
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Property Details for 7089 Riddoch Hwy, Padthaway

Building Type
Commercial
Land Size
684400m2
Local Government
Tatiara
Lot/Plan
S312/H430500

Last Listing description (March 2021)

The Stonehaven Winery is a modern, well equipped facility capable of crushing 12,000 tonnes and features 10.7 million litres of stainless steel tank storage.

The winery was commissioned in 1998 and is strategically located in the heart of the renowned Padthaway Estate Wine Region of South Australia.


The production facility is supported by an architecturally designed cellar door/function facility an administration complex and a managers residence.

Stonehaven has a proud history and tradition of producing award winning wines and won the International Winery of the Year' in 2001.

The sale includes the Stonehaven brands and trademarks presenting purchasers with an significant value add opportunity.

Property features:
- Total land area of 68.55* hectares
- Vineyard plantings totalling 36* hectares including Merlot, Verdelho, Cabernet Sauvignon and Viognier
- Over 10.7 million litres of tank storage
- Temperature controlled barrel store with a capacity of over 10,000 barrels
- Red fermentation capacity of approximately 1,285 tonnes
- Architecturally designed cellar door/function facility with a commercial kitchen
- Manager residence
- High profile site overlooking the Riddoch Highway, the main regional transport route in the Limestone Coast.

The site has been leased to a well-known wine company since 2013. The current lease agreement expires in mid 2021. The existing tenant would consider an extension with the new owner if required.

Stonehaven Winery is for sale by Expressions of Interest closing Friday 18 September at 4pm (ACST).

Inspections are strictly by appointment with the agents, Colliers International.

Property History for 7089 Riddoch Hwy, Padthaway, SA 5271

A timeline of how this property has performed in the market
Last Transferred
$1,970,000
24 Mar 2021
  • 24 Mar 2021
    Transferred for $1,970,000
  • 17 Aug 2020
    Listed for Sale Contact Agent

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About Padthaway 5271

The size of Padthaway is approximately 356 square kilometres. It has 5 parks covering nearly 2.9% of total area. The population of Padthaway in 2011 was 457 people. By 2016 the population was 318 showing a population decline of 30.4% in the area during that time. The predominant age group in Padthaway is 40-49 years. Households in Padthaway are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Padthaway work in a managers occupation. In 2011, 69.6% of the homes in Padthaway were owner-occupied compared with 66.6% in 2016.

Padthaway has 338 properties. Over the last 5 years, Houses in Padthaway have seen a 144.44% increase in median value. As at 30 November 2024:

  • The median value for Houses in Padthaway is $265,194.
There are currently 1 property listed for sale, and no properties listed for rent in Padthaway on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Padthaway.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.