Property investment leased to Cassegrain Winery with development upside (business not for sale)

Thursday 25 August 2016

Written by Burgess Rawson Sydney

Burgess Rawson Sydney have recently listed an attractive property leased to Cassegrain Winery (business not for sale) in Port Macquarie for sale by public auction.

The original vineyard was planted by the Cassegrain family in 1980 and was the first in the region.

Marketing agent Rhys Parker said he “expects significant interest from investors as there is a brand new secure 10 year lease to Cassegrain Wines who will continue to trade from the site.”

Descended from an old winemaking family in France, the Cassegrain family use traditional French winemaking methods combined with modern Australian technique and technology to create a diverse portfolio of wines and is widely renowned as the first winery to grow and produce Chambourcin commercially in Australia.

True to the family’s French heritage, the winery is one of only a few in Australia that specialise in the traditional method for producing sparkling wine, as used in Champagne, France.

“The landmark 13.5 hectare property in Port Macquarie, which hosts events like Wildwood music festival and Oysters in the Vines benefits from potential future tourist development (subject to council approval)” said Mr Parker.

“All steps in the winemaking process from crushing through to bottling and labelling are done onsite in a modern, purpose-built facility.”

In addition to the wine making facilities, the winery is complemented by a stunning French restaurant, Port Macquarie Horse Riding Centre, as well as the first Tesla Supercharger north of Sydney – which can charge up to 6 vehicles at a time.

There is also potential for the buyer to negotiate the purchase of an adjacent SP3 Tourist zoned site of 16.19 hectares.

The property will be auctioned on Tuesday 13 September at Doltone House Hyde Park, Sydney.