Building on 2020's fantastic result, full year accounts ending Mar 2021 just released and revenue continues to grow strongly with further growth forecast.
First developed in the 1990s, the iconic winery and restaurant when Far North wine making was a fledgling industry. The business has been grown steadily over time with care and dedication to produce not only outstanding wine and a favorite dining experience for locals and tourists alike, but also a very profitable business.
This gorgeous Estate is seriously for sale with a well earnt retirement beaconing for the vendors who are keen to ensure the new owner experiences the continued success they have enjoyed by providing an extensive handover. With two wine-makers and a chef on staff the new owner will have plenty of support and also enjoy the fruits of the bourgeoning wine growing industry in the Far North, with Marsden being superbly placed to facilitate that growth through its contract wine making.
The business has three key elements. Wine production from the circa four hectares planted with seven grape varieties, the popular 150 seat restaurant and contract wine making. Each area of the business has steadily grown over the years and there is obvious opportunity to expand all three revenue streams.
Set on 6.7 hectares, located a few minutes’ drive from the Bay of Islands Airport and a five minute drive to Kerikeri. The Estate includes 180m² owner/manager accommodation with three double bedrooms, large amount of open plan living, dining and kitchen, as well as a stunning north facing terrace overlooking the vineyard.
This growth business is producing double digit yields for either the owner occupier or passive investor that employs a manager.
Form a syndicate with friends or seize the opportunity outright.