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Vineyards, Wineries , and Acreage For Sale - Wine Country Real Estate


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Property Highlights
Property is: For Sale
Property Size: 83 Acres (32 Ha)
Planted: 12 Acres (5 Ha)
Property Description
Pukeora Estate is a unique and iconic property of the Hawke's Bay region encompassing vineyard, winery, cafe, accommodation, venue and a number of private dwellings. The Estate of 32 Ha (83 acres) is perched on a steep limestone hillside with stunning views looking over the vineyard, rivers, plains and extending to the Ruahine Ranges.

The vineyard is planted in a north facing basin on a limestone hillside. The terrain ranges from gently sloping to a terraced area on a steeper slope. The soils consist of about 20mm (8") of loam underlain by free-draining clay and limestone subsoils. The mature vines were mostly planted between 2000 to 2003. The varieties planted include chardonnay, pinot noir, merlot, malbec, cabernet, syrah and pinot gris. Approximately 76% are planted on root stock with balance on own roots. Growing degree days range from about 1440 to 1600. Typical annual rainfall is just above about 800mm per year. Annual grape harvest ranges from about 12 to 22 tonnes with largest being 34 tonnes. Row spacing is 2.4m with vine spacing ranging from 1.3m to 2m.

A small winery has been developed in the basement to process the estate grapes. The wines have produced many awards and accolades over the years.

The Estate buildings were once a health care facility dating back to WW1 with some of these buildings remaining. The bulk of the buildings were built between late 1950's to 1960's. The floor area of the larger buildings is about 7,000 m2 (75,000 Sq Feet). The main building includes 56 bedrooms and can sleep 116 people in twin/double rooms with shared bathrooms. There are various larger rooms including an auditorium with parquet floor and stage. An 11m by 8m indoor pool is a useful addition.

The venue has numerous rooms to suit many different groups or activities. A café with bar seating around 100 complete with kitchen. A dance hall with stage can seat 200 for dining. An adjoining room can seat another 300 for dining. There are also a number of other rooms to suit smaller groups or other purposes eg classrooms etc.

The property has been used as a venue for a wide range of activities including weddings, motor cycle and car rallies, annual art & craft festival, reunions, activity groups (trout fishing tournament, karate, yoga, church, music festivals) concerts, dinners and more. A cellar door operates in summer weekends.Two areas are currently leased to artists as gallery/studio space. Pukeora Estate is located beside State Highway 2 with steady passing traffic yet is peaceful and private. Schools, shops, banks and other amenities only 6km away.

There are 11 private 3-4 bedroom dwellings in addition to the main buildings. A number of these are currently rented out.


The property offers an unbelievable opportunity for expanding on the existing uses, boosting the vineyard and winery production and/or finding other alternatives uses. The current owners feel after 17 years it is time to pass this incredible property on to fulfill someone else’s dreams and ambitions. Most plant and equipment can be purchased separately or included in the agreed sale price. A hand-over period can be arranged allowing new owner’s a transition period of taking on the management of the property. Diversity of income, a well established business yet still with boundless opportunities awaits.

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Sale: Price US$ 1,500,000 (+GST if Any) (NZ Sales Tax)
Price:
US$1,500,000 (+GST -If any) (NZ Sales Tax)
Property Website:
Pukeora Estate Website
Property Location:
Address 208 Pukeora Scenic Road
City Waipukurau
County Hawke's Bay
State / Prov. North Island
Postal Code 4281
Country New Zealand
 
Contact Information:
Bevan Pickett or Pat Portas
+64 27 220 2766 or +64 27 447 0612
Property Brokers NZ Web Listing
 
View ALL current listings of this user
Listing Info
ID #3,309
Posted By pukeora01

















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