Substantial Irrigation Holding with Scope to Expand

72 Kingston Road
Moorook, SA 5332
Australia

Price
$1,175,000.00
Listing Type
For Sale
Building Type
Other
MLS Name
V
MLS Number
21970567
Lot Size
77.00 HA
Wine Region
The Riverland
Neighborhood
Moorook

Description
An excellent opportunity to secure a substantial irrigation holding consisting of 105 acres (42.46 ha) of established vineyards, an additional 42 acres (17ha) available for development with mains infrastructure in place, plus approximately 40 acres (16ha) of native vegetation.

All varieties are in strong demand and the owners have seen significant improvements in pricing in the 2019 and 2020 vintage. A good mix of varieties consists of approx 70% Chardonnay, 15% Shiraz and the remainder made up of Gordo, Sangiovese and Cabernet Sauvignon.

The private irrigation infrastructure is modern and well maintained. Site Use Approval of 374,000 kilolitres is more than adequate to service the existing plantings and provides the capacity to service new plantings on the vacant land should the purchaser choose to do so.

Centrally located to Riverland wineries and towns, this property also includes basic but functional 2 bedroom and 4-bedroom workers accommodation plus a workshop and shedding for plant and equipment storage and a chemical storage facility.
Features
Land
Main Road Frontage
Shedding
Workshop
Irrigation Infrastructure
Rainwater Tanks
Water (Mains)
Map
Address
Advertiser
Elders Real Estate Renmark
Tarque Williamson
53-55 Renmark Avenue
Renmark SA 5341
Australia
Elders Real Estate Renmark Tarque Williamson

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