A sprawling vineyard estate on the New South Wales South Coast, celebrated for its 'Mountain Ridge Wines', is available for acquisition. Previously listed in 2022 without finding a buyer, this property now returns with a revised price guide of approximately $10 million. The estate features a luxurious homestead, an operational restaurant, and a thriving vineyard business. Located at Coolangatta Road, it presents panoramic views and versatile facilities suitable for various purposes beyond winemaking.
The estate includes a six-bedroom residence with modern amenities, a spacious restaurant capable of seating 100 guests, extensive agricultural infrastructure, and thousands of grapevines. Current owners have invested heavily in upgrading the property, constructing a new vineyard facility adaptable to alternative uses like a distillery or event space. The potential extends to lifestyle buyers seeking a picturesque home, independent tenants for the restaurant, and additional development opportunities within the expansive acreage.
Vineyard Evolution and Market Revaluation
This section delves into the history and transformation of the estate since its acquisition by the Davies family in 2017. Originally envisioned as a retreat from city life, the couple transformed a neglected farm into a flourishing enterprise. Their dedication to sustainability and passion for viticulture rejuvenated Mountain Ridge Wines, enhancing its reputation while preserving historical significance.
Upon relocating from Sydney, Tom and Pip Davies embarked on a mission to revitalize the property. Despite inheriting a deteriorated farm, they embraced the challenge, implementing improvements that aligned with environmental principles. This commitment not only enhanced the estate's physical assets but also bolstered its operational efficiency and market appeal. Over time, the property underwent significant upgrades, culminating in the construction of a state-of-the-art vineyard facility designed to accommodate diverse business models. As market conditions evolved post-COVID, the decision to reassess pricing strategies became pivotal, reflecting a genuine desire to transition ownership amidst shifting economic landscapes.
Potential Uses Beyond Traditional Winemaking
Explored here are the myriad possibilities for future utilization of the estate beyond traditional winery operations. The property's adaptability opens doors to lifestyle enthusiasts, entrepreneurs, and developers seeking innovative ventures. Key features include flexible structures amenable to conversion and ample land conducive to further development.
Beyond serving as a functional winery, the estate holds immense promise for alternative applications. Its newly constructed facility could effortlessly transform into a distillery, aligning with burgeoning craft spirits trends. Alternatively, the property's stunning vistas make it an ideal candidate for hosting grand events such as weddings or corporate gatherings. Lifestyle seekers may appreciate the opportunity to reside in a breathtaking home while leasing out ancillary facilities like the restaurant or cellar door area for independent operation. Furthermore, the existing tiny house exemplifies potential expansion avenues, encouraging exploration of micro-living developments across the expansive grounds. Such versatility positions the estate as a canvas for visionary projects, appealing to those eager to redefine conventional rural property usage.