Iconic Central Otago winery up for sale

One of Central Otago’s most iconic and renowned vineyards, Carrick, is on the market.

The award-winning, certified-organic vineyard, winery, cellar door and 70-seat restaurant in Bannockburn is for sale by tender via premium real estate brand New Zealand Sotheby’s International Realty.

It is a reluctant sale by Auckland-based vendor Elizabeth Zhong, who has decided to pursue other business interests.

“It was a really hard decision to sell Carrick, as it’s my dream vineyard,” she explains. “I love it because it’s purely organic. I’m passionate about protecting the environment and passing it on to the next generation in a better state than what it was. Owning Carrick has been really rewarding because the entire team at Carrick has been doing their best with the land, and as a result we’re producing some of the best quality organic wines New Zealand offers.”

Carrick overlooks the spectacular Bannockburn Inlet, complete with elevated sweeping panoramic views and is a very popular venue for functions and private events.

It is situated on approximately 34 hectares – 24ha of which is planted – and produces award-winning Pinot Noir, Pinot Gris, Chardonnay, Riesling and Sauvignon Blanc wines, many of which are noted for their fruit expression and clarity.

The property features several dwellings, including three luxury residences that can be further developed for guest accommodation, as well as a cellar, winery and storage facility, offices and a restaurant known for healthy but sophisticated food combined with their ranges of wines. There is also potential for further plantings on the property. Carrick has established strong business relationships with national and international distributors and has established important distribution ties with China and other countries throughout Asia.

New Zealand Sotheby’s International Realty senior associate and vineyard sales specialist David Penrose says that the Carrick Vineyard and Winery will have significant appeal amongst potential buyers nationally and internationally.

“Carrick is the jewel in the crown in Bannockburn – it is simply a stunning vineyard that produces globally-renowned organic wine. It is definitely a unique opportunity to be able to secure a vineyard of this size, with such potential across so many aspects of the business,” he says.

Tenders close at 4pm on March 29, 2019. The listing can be viewed here.

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