Savills Vineyards & Winery specialists as the exclusive sales agents are pleased to present to market ‘Nicholson River Winery’ for sale.
A thriving family owned and run business located in Gippsland, Victoria. With a total land area of 22 hectares. This is inclusive of 3×2 hectare building blocks, approximately 8 hectares of vineyards which are dedicated to growing 9 grape varieties. Nicholson River Winery has been operating for 45 years, producing high-quality dry and sparkling wines.
The Nicholson River Winery is a well established winery. The sale is fully inclusive of the winery business – both cellar door & online sales, entirety of production capacity, winery equipment, purpose-built shedding, restaurant, function spaces and homestead.
Location
Nicholson River Winery is in East Gippsland. Which is approximately 300km East of Melbourne, conveniently nestled between Bairnsdale and Lakes Entrance, with a mere 15km and 25km distance respectively. Situated just 3km from the Princes Hwy and 7km from the Alpine Way, our facility is in the heart of the Gippsland Lakes, a renowned tourist and retirement area.
Development Opportunity
Considering the prime location of the Nicholson River Winery within the East Gippsland region and the expansive landholding, Nicholson River Winery is a prime development opportunity for a capable investor.
The vineyard property is zoned as rural residential, with the potential for future subdivision. This zoning provides opportunities for expanding the vineyards or developing the land for residential purposes.
Boutique Accommodation – considering its proximity to Melbourne and other desirable tourist locations the Nicholson River Winery presents a unique opportunity to develop boutique accommodation which can add an alternative revenue stream to current operations.
Single- and two-bedroom accommodations could attract domestic and international tourists through Melbourne largely appealing to the short-term leisure market.
Expansion for the current operation – provision has been made for electric car charging. Plans include a second-story extension above the house kitchen.
Residential sub-division – considering the expansive landholding beyond that of the vineyard. There is an opportunity for a residential subdivision.
