logo redirect pin user minus plus fax mobile-phone office-phone data envelope globe outlook retail close line-arrow-down solid-triangle-down facebook globe2 google hamburger line-arrow-left solid-triangle-left linkedin wechat play-btn line-arrow-right arrow-right solid-triangle-right search twitter line-arrow-up solid-triangle-up calendar globe-americas globe-apac globe-emea external-link music picture paper pictures play gallery download rss-feed vcard account-loading collection external-link2 internal-link share-link icon-close2
Australia
  • Global
  • United States
  • Albania
  • Argentina
  • Australia
  • Austria
  • Bahrain
  • Baltics
  • Belgium
  • Bosnia & Herzegovina
  • Brazil
  • Bulgaria
  • Cambodia
  • Canada
  • Chile
  • Colombia
  • Croatia
  • Czech Republic
  • Denmark
  • Egypt
  • Finland
  • France
  • Germany
  • Greece
  • Hong Kong
  • Hungary
  • India
  • Indonesia
  • Ireland
  • Israel
  • Italy
  • Japan
  • Jordan
  • Kazakhstan
  • Kenya
  • Korea
  • Kuwait
  • Latin America
  • Luxembourg
  • Mainland China
  • Malaysia
  • Mexico
  • Montenegro
  • Morocco
  • Netherlands
  • New Zealand
  • North Macedonia
  • Norway
  • Oman
  • Pakistan
  • Panama
  • Philippines
  • Poland
  • Portugal
  • Romania
  • Saudi Arabia
  • Serbia
  • Singapore
  • Slovakia
  • Slovenia
  • South Eastern Europe
  • Spain
  • Sweden
  • Switzerland
  • Taiwan
  • Thailand
  • Turkey
  • Ukraine
  • United Arab Emirates
  • United Kingdom
  • Venezuela
  • Vietnam
Log In
  • Global Intranet
  • myCBRE
  • Services
    • Business Lines
      • Advisory & Transaction Services
      • Capital Markets
      • Global Workplace Solutions
      • Investment Management (CBRE Investment Management)
      • Property Management
      • Valuation & Advisory Services
    • Industries & Specialties
      • Agribusiness
      • Build-to-Rent
      • Building, Depreciation & Cost Consultancy
      • Government Real Estate Advisory & Transactions
      • Hotels
      • Industrial & Logistics
      • Office
      • Residential
      • Retail
      • Retirement & Healthcare
      • Sustainability
      • Flexible Workspace
    • Services for Investors
      • Debt and Structured Finance
      • Host
      • Institutional Investments
      • International Investments
      • Investment Accounting & Reporting Solutions
      • Structured Transactions & Advisory
      • Leasing & Advisory
      • Metropolitan Investments
      • Property Management
      • Property Sales
      • Recovery & Restructuring
      • Valuation & Advisory
    • Services for Occupiers
      • Facilities Management
      • Leasing & Advisory
      • Occupier Consulting
      • Portfolio Services
      • Project Management
      • Sale and Leaseback
      • Structured Transactions & Advisory
      • Transaction Management
      • Valuation & Advisory
      • Workplace
  • Properties
    • Agribusiness
      Hotels
      Industrial & Logistics
      Institutional Investments
      Metropolitan Investments
      Office
      Residential
      Retail
  • Research & Insight
    • Australia Research
      Asia Pacific Research
      Global Research
      Expert Opinions
      Talking Property Podcast
  • People & Offices
    • Pacific Executive Committee
  • About CBRE
    • [email protected] - LGBTQI+ Inclusion
      Careers
      Case Studies
      Client Tools
      Corporate Information
      Environmental, Social and Governance
      Investor Relations
      Media Centre
      Reconciliation
      The Place Makers

Next

Press Release
West Gippsland dairy aggregation going to market
  • Home
  • About CBRE
  • Media Centre
  • Large-scale central Victorian vineyard up for sale

Large-scale central Victorian vineyard up for sale

10 November 2014
  • Email
  • Share
  • Tweet
  • Share

Melbourne, 10 November 2014 – Lake Marmal Vineyards in central Victoria has been listed for sale, offering a unique opportunity to invest in Australia’s burgeoning wine industry.

Situated between the townships of Charlton and Boort, the 298 hectare property comprises a substantial 172 hectare vineyard, which was established in 1998.

The vineyard, predominantly planted to Shiraz (67%) and Cabernet Sauvignon (27%) varieties, with the remainder comprising some minor plantings of Durif, Mourvedre and Sangiovese, has a current grape supply agreement in place until 2018 with one of Australia’s largest wine producers.

CBRE Agribusiness’ Chris Holgar, James Beer and Phil Schell have been appointed to sell Lake Marmal Vineyards by way of Expression of Interest.

Mr Holgar said the property represented an outstanding opportunity to acquire a mature, well-irrigated vineyard that boasts significant potential for future development.

“This established vineyard has a current grape supply agreement with one of Australia’s largest wine producers, allowing the successful purchaser to benefit from guaranteed income for the immediate future,” Mr Holgar said.

“Furthermore, the vineyard also benefits from excellent irrigation infrastructure, which supports the current operation, with capacity for further expansion.”

Mr Holgar said the property’s location in a favourable climatic region was also likely to be a key selling factor.

“Central Victoria’s typical dry summer and autumn conditions support effective and highly efficient viticulture practices that help promote an optimal growing operation,” Mr Holgar remarked.

“Additionally, the region is also low-pest, with this property’s vines having never required insecticide applications and only minimum fungicides in accordance with standard viticulture practices.”

Lake Marmal Vineyards feature various structural improvements including a main residence, office/cottage, machinery shed, chemical shed, two hay sheds and several workshops.

The Expression of Interest campaign closes on Tuesday 16 December 2014 at 4:00pm AEDT.

For more information, please contact CBRE’s Chris Holgar (0411 177 167), James Beer (0416 859 565) or Phil Schell (0418 809 849).

 

For Australian/international news or global stories, follow us on Twitter.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue).  The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.au.

Media Contacts

Kathryn House Headshot
Kathryn House
Communications Director
Pacific
+61 2 9333 3585
+61 402 465 440
  • Corporate Information
  • Corporate Responsibility
  • Media Centre
  • About CBRE
  • Careers
  • Case Studies
  • People & Offices
  • Executive Committee
  • Investor Relations
  • Contact Us
  • Australia Privacy Policy
  • Global Web Privacy and Cookie Notice
  • Whistleblower Policy
  • Sitemap
  • Terms of Use
  • LinkedIn
  • Twitter
  • Facebook
  • Instagram
  • Youtube