Businesses with unique twist for sale in South Australia
An underground desert gallery, iconic pubs and a free-range Fleurieu egg farm are just the start of a long list of offbeat ventures looking for new owners. SEE WHAT’S FOR SALE
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Scores of business owners across South Australia are looking to sell up, opening up new opportunities for local investors.
We take a look at some of the quirky and rare business opportunities, including an underground art gallery in the desert and a $25m premium winery in the Barossa Valley.
COOBER PEDY UNDERGROUND ART GALLERY
Price: Price On Application
It’s beneath the surface where this business opportunity offers something unique to those looking for a different kind of sea change.
A rainbow-coloured boomerang greets visitors to the tourist attraction in the desert town of Coober Pedy, entered via a small shed with roller door.
Underground, the property features a network of dugout areas turned into an art gallery and hairdressing salon, giving someone with vision the opportunity to own and run their own piece of the town’s tourism market.
The property includes an opal cutting room, a kitchen and office, and combined bathroom and laundry.
HOTEL RICHMOND
Price: $2.2m + stock
The well known Rundle Mall venue includes 30 accommodation rooms, gaming machines, bar and restaurant. It also includes two function areas for hosting weddings, corporate functions and events. The first floor balcony offers expansive views over Rundle Mall.
BAIRD BAY ECO TOURISM AND ACCOMMODATION
Price: $2.25m
The accommodation and tourism business on the Eyre Peninsula includes a beachfront property and residence. The business provides eco tours to popular areas around Baird Bay, visiting local marine life including sea lions and dolphins. A purpose-built vessel “Neo Phocus” is also included, with capacity for 15 passengers, as well as a fishing charter licence.
CUMBERLAND HOTEL
Price: Price On Application
The historic pub in Glanville offers prospective buyers an opportunity to invest in one of the few remaining live music venues in Adelaide.
The sale of the 150-year-old Cumberland Hotel, also known as “Live At The Cumby”, includes the 1870-built premises and the hotel business.
The property includes indoor and outdoor stage facilities as well as six gaming machines, accommodation, a main bar and full commercial kitchen. At more than 1000sq m, the site offers buyers development potential.
McGees Property’s Grant Clarke, who is selling the pub, says the owners have worked hard to transform the venue into one of Adelaide’s best live music venues.
KERSBROOK CHERRY FARM
Price: Price On Application
Comprising about 41ha of land, including 22ha of cherry trees, the Kersbrook Cherry Farm offers buyers an agribusiness opportunity in the Adelaide Hills, just 34km from the Adelaide CBD.
Featuring packing and processing infrastructure, a cool room and automated grader, the property operates efficiently and has a “loyal customer base both locally and nationally” according to its selling agent.
In addition to the cherry operation, the property features a diverse planting of other horticulture crops, including 9ha of pears and a 1.2ha vineyard.
THE RETREAT AT STIRLING
Price: $2.5m
The luxury B&B in the Adelaide Hills offers accommodation across three apartments, as well as expansive office space, indoor swimming pool and facilities, plus a spacious principal residence. The property is located on close to a hectare of land, just a 10-minute drive from the Mount Lofty Summit lookout.
MANDANI EGG FARM
Price: Price On Application
The free-range egg farm on the Fleurieu Peninsula comprises a number of production facilities with outdoor range areas for the birds to roam freely.
On offer to buyers is the farm, hens and plant and equipment. Eggs produced at the farm are graded and packed on-site at the property’s grading facility.
The farm has a capacity of about 33,000 hens and has two major customers.
MCCRACKEN COUNTRY CLUB
Price: More than $7.5m
The popular seaside golf resort hit the market in July with a price tag in excess of $7.5m expected.
An 18-hole championship golf course, hotel, apartments, villas, function and convention facilities, bistro, day spa and indoor swimming pool are all included in the sale, which includes all property and the business operation.
The golf course, designed by world-renowned designer Tony Cashmore, opened in 1991, while the McCracken Properties syndicate of investors has led development of the resort over the past 20 years of ownership.
Stretching across more than 55ha of land, the property also offers further development potential, according to selling agent James Juers from McGees Property.
“That could potentially be residential, aged care, and Victor Harbor no longer has Greenhills Adventure Park so potentially something like that too.”
SARACENS HEAD
Price: Price On Application
The historic city watering hole dates back to 1873, with the recently-refurbished pub occupying a prominent 965sq m block on the corner of Carrington and Moore streets.
The business with or without the freehold property is on offer to investors.
The hotel includes 20 gaming machines and approval for an additional five licences, along with bars, a dining room, outdoor courtyard and function facilities.
CBRE Hotels director Mathew George, who’s selling the hotel, says impending changes to the state’s gaming laws, including rules to allow gaming machines to accept bank notes, are attracting interest from interstate buyers.
“There’s been local interest as well but the gaming sector in Victoria is very tightly held and pricing is currently more attractive in South Australia for gaming assets.”
STONEHAVEN WINERY
Price: Price On Application
The expansive property offers buyers a rare opportunity to become the proud owner of an internationally renowned SA winery.
Located in the Padthaway wine region, the offering includes a 68.5ha landholding with established vineyards, trademarks and brands.
It is the largest winery in the Padthaway region and features 36ha of merlot, verdelho, cabernet sauvignon and viognier vines.
“It is distinguished by its strategic location servicing the Limestone Coast zone, including other famous wine regions such as Coonawarra, and its striking presence overlooking the Riddoch Highway,” selling agent Tim Altschwager says.
The winery is capable of crushing 12,000 tonnes and features 10.7 million litres of stainless steel tank storage. It has a proud history of producing quality wines and was awarded the International Winery of the Year in 2001.
Expressions of interest close on September 18.
KARINYA STATION & RED CREEK
Price: Price On Application
Sheep and cattle breeders Joe and Graham Keynes have decided to dissolve their farming partnership by putting two properties - including one which has been in their family for five generations - on the market.
Red Creek was established by one of their ancestors, Joseph Keynes, in the 1840s while Karinya Station has been operating since 1910.
The neighbouring properties cover a total of 4596ha in the eastern Barossa Ranges.
Graham Keynes says he and his wife have reluctantly decided to sell their farm because none of their children — two sons and a daughter — were interested in agriculture.
“It’s been a beautiful lifestyle for the past 35 years and there are days when I am really sad but it’s just time to explore something else.”
Selling agent Jesse Manuel from Colliers International says the farms are renowned for producing high quality Merino wool and Angus beef cattle.
Approximately 30 kilometres of stone walls traverse the two properties, which feature natural springs, gorges, open grazing hills and multiple dams.
HAHNDORF OLD MILL
Price: About $975,000
The sale of the historic Hahndorf Old Mill follows the recent acquisition of the German Arms by the Duffield family.
The Old Mill is located on Hahndorf’s main street and includes extensive function space with four separate areas.
Selling agent John Langford says the business would be ideal for “one or two couples, family sole trader as owner operators or a syndicate to operate under management”.
He describes it as “one of the best live music venues with huge dinner show capacity”.
The operation includes 22 accommodation rooms to cater for conference and wedding guests as well as tourists and visitors to the town.
ROLF BINDER
Price: About $25m
Premium Barossa Valley winery Rolf Binder has been offered for sale by the family that has owned the business for more than 65 years.
The winery, which includes more than 100ha of vineyards and a cellar door, is up for sale with an estimated price tag of $25m.
Rolf Binder and his sister Christa Deans currently own the business, which their parents started in 1955.
In addition to the Rolf Binder brand, the sale also includes the JJ Hahn and Magpie Estate brands.
“We have worked hard to develop the business to what it is today. The time is now right to hand over the baton and watch the business fulfil its potential,” Mr Binder says.
Rolf Binder’s well-known wines include its signature Hanisch Shiraz and ‘The Malcolm’ Shiraz.
This month Accolade Wines snapped up premium Coonawarra winery Katnook Estate from the Wingara Wine Group.
HARRISON MUSIC
Price: $350,000 - $375,000
Music enthusiasts are being sought to take over popular CBD music shop Harrison Music.
Established more than 30 years ago, the business has been operating from its current location for 23 years.
The second generation owner took over the family business 12 years ago but is now seeking to transition to his primary passion of violin making and repairing.
The business offers a diverse range of musical instruments and accessories, with a strong focus on guitars, ukuleles and other strummed instruments, as well as an extensive sheet music service.
BOOKPURNONG FRUITS
Price: Price On Application
A 49ha stone-fruit-growing operation in the Riverland is on offer to buyers, producing a wide variety of fruits in the farming region.
About a third of the Bookpurnong Fruits property is planted to nectarines (16.65ha), with additional plantings of apricots, peaches, apriums, cherries, plums and pluots.
The property is located 3km north of the Bookpurnong township on the River Murray, and about 16km north of Loxton.
CBRE Agribusiness’ Angus Bills says Loxton receives 256mm of annual rainfall.
“We’re expecting interest from existing stone fruit producers, horticulture producers seeking crop diversity and investors from Adelaide.”
CLARE VALLEY MOTEL
Price: $1.24m
The “jewel in the crown” for accommodation in the Clare Valley is on offer to buyers with a price tag of more than $1m.
Located at the entrance to Clare, the motel includes 33 rooms across four wings, ranging from budget to spa rooms.
The main building includes a reception area, dining room with open fire and upstairs lounge with bar - suitable for conferences and events.
“This business is more than just a motel,” the selling agent says.
“You will find you become an important part of the Valley’s fabric - as well as being a fantastic business opportunity this is a great lifestyle choice.
The pool area includes Bali-style furnishings and a four-bay Tesla supercharge station is also featured on the property.
