Harvest potential in Martinborough vines
Nestled in the sought-after Martinborough wine region, the Butterworth Estate vineyard and winery is offers buyers the opportunity to secure a premier asset in one of New Zealand’s most high-profile industries.
On Te Muna Rd, approximately 7km southeast of Martinborough, it consists of two freehold titles totalling 28.09ha.
The winery and vineyard block spans
19.44ha and Campbell’s Block, which comprises 8.65ha of bare land currently lying fallow, completes the site.
The vineyard can be expanded on to Campbell’s Block, and they can be purchased individually or as a combined offering.
At the winery and vineyard block,
15.361ha is planted with pinot noir (9.779ha), chardonnay (2.46ha), sauvignon blanc (2.827ha) and riesling (0.295 ha).
The vineyard is complemented by a
90-tonne winery and a newly constructed
340sq m four-bay implement shed for farm machinery storage, complete with offices and a workshop.
A refurbished two-storey, threebedroom 180sq m property, known as Butterworth Cottage, is used for short-stay accommodation.
This represents a unique opportunity to acquire Butterworth Estate’s prime vineyard assets, including land, vines, buildings and plant, and equipment.
The brand, IP and stock of this premium Martinborough wine company can also be purchased separately by negotiation.
Mike Laven, rural and agribusiness special projects director at Colliers, is marketing the viticulture assets of Butterworth Te Muna Estate Ltd by tender. Offers close at 2pm on Wednesday 16 November.
Butterworth Estate is a boutique winery established by the late Wim Julicher in 2000.
The vineyard was first planted in 2001 and the most recent plantings of chardonnay and pinot noir were added in 2020-21.
Laven says this property offers buyers the opportunity to purchase a wellestablished vineyard with mature pinot noir and chardonnay vines that has long-term growth potential.
“Martinborough is internationally recognised as one of New Zealand’s premier wine regions, particularly for its pinot noir, and demand continues to rise.
“Although the region produces only 1 per cent of New Zealand’s total wine production, it punches above its weight with prominent labels such as Ata Rangi, Craggy Range, Dry River and Escarpment, among others, which are all consistently rated as some of the top wineries in the country.”
Laven recently sold the Dry River Wines business and property assets, which attracted an array of international and domestic parties and put Martinborough in the spotlight. “There has been heightened interest in acquiring these wine estates in recent months and the region has continued to be an attractive location for overseas and domestic high net worth individuals and wine companies to invest”.