Categorized | For Sale, News

Fosters Group put 31 Vineyards up For Sale

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Australian agents Landmark have commenced a national advertising campaign for 31 vineyards and two wineries owned by Foster’s Group Limited.

Landmark has a team of agribusiness real estate specialists seeking potential buyers, according to Landmark’s General Manager Client Services, David Johnson.

“Thirty-one professionally managed vineyards in key wine regions across three states, plus two wineries – what an incredible portfolio,” Mr Johnson said.

“There are boutique operations right through to commercial operations; blocks that are fully utilised and others with considerable expansion or subdivision potential; opportunities ideal for people to add to their existing holdings and others suited to

people entering the industry for the first time.

“Baileys of Glenrowan is a fully integrated brand, winery, cellar door and vineyard package that represents an opportunity like no other.

“Denman winery and vineyard is located in the Upper Hunter Valley, Australia’s oldest and one of the most prolific wine regions”.

“Many of the vineyards include grape sale agreements – full details of all the properties are now available on the Landmark website or through our local Landmark offices in each district.

“All sales are by registration of interest through Landmark, however they close on July 22, so I would encourage potential buyers to make contact promptly,” Mr Johnson said.

In South Australia vineyards are available in the Clare Valley, Coonawarra, Eden Valley, Langhorne Creek, McLaren Vale, Padthaway and Wrattonbully.

New South Wales vineyards are located in the Hunter Valley, Mudgee, Sunraysia, Tumbarumba and Tumblong.

Properties in Victoria are situated in the Glenlofty, Glenrowan, Sunraysia districts and in the Yarra Valley.

Colliers International has been appointed the International Marketing Agent for the properties.

The Foster’s vineyard divestment program was announced in February 2009 as one of the key outcomes of Foster’s strategic and operational review of its global wine business.

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