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‘THE HOTEL PADDOCK’

Lot 1, Hotel Paddock Lane, Penola
Archived For Sale
Other
  • 22.16 Acres
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Brooke Stephenson
0424943991
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Description

This listing has been archived and is displayed for archive purposes only

Located in the world renowned Coonawarra wine region, Hotel Paddock offers 19.2Acres of quality wine grape producing vineyards across two Certificates of Title, with a total land area of 8.968Ha (22.16Acres). Situated within the town limits of Penola, the name ‘The Hotel Paddock’ derives from the late 1880s when the property was used by Reilly’s Prince of Wales Hotel guests and Cobb & Co coaches as a spelling paddock for horses.
This immaculate property is located on a main road and provides an exciting opportunity for those in the wine or tourism industry, investors and lifestyle buyers.
Reap the rewards of an established and well maintained vineyard with a proven track record, consisting of 8.68Acres Cabernet Sauvignon, 6.1Acres Shiraz and 4.3Acres Merlot grape varieties that have yielded consistent returns.

YIELDS (Tonnes) CAB SAV SHIRAZ MERLOT
2013 27.3 50.7 36.3
2014 9.7 15.3 6.9
2015 28.8 22.8 26.6
2016 25.7 27.5 36.3
2017 18.2 Not picked due to unseasonable weather
2018 21.0 19.9 19.6

An excellent irrigation system, including automatic frost protection, through the 218 overhead sprinklers via a 3 phase, 90kw pump with 54.198 megalitre water taking licence, ensures an annual crop.
Other improvements are an implement shed with office, pump shed and small bike shed.
This property offers an amazing opportunity, inspect today to truly appreciate all it has to offer.

In conjunction with Owen Pettingill Real Estate 0423 522 778