Located just minutes from the renowned Yarra Valley wine region, Piedmont wines, this boutique winery in beautiful Yarra Junction is up for grabs.
After 30 years of success including numerous awards during its time, the vendors have decided to retire, offering for sale, the wine making business including all equipment and approx. 15 Acres of land.
Currently producing approx. 1000 cases per year of Shiraz, Chardonnay and Sauvignon Blanc this business has a fantastic growth potential for an astute buyer with great business acumen, or even continue to run it as a boutique winery.
The size of Piedmont is approximately 5.4 square kilometres. It has 2 parks. The population of Piedmont in 2011 was 280 people. By 2016 the population was 31 showing a population decline of 88.9% in the area during that time. The predominant age group in Piedmont is 60-69 years. Households in Piedmont are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Piedmont work in a managers occupation. In 2011, 82.3% of the homes in Piedmont were owner-occupied compared with 73.7% in 2016..
Piedmont has 34 properties. Over the last 5 years, Houses in Piedmont have seen a 145.76% increase in median value, while Units have seen a 95.78% increase. As at 31 October 2024:
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