Quentin Tod: First Gold Coast vineyard, Mt Tamborine Vineyard and Winery, selling up
A family that started the Gold Coast Hinterland’s first vineyard and winery with an “outstanding business brand” is selling up. And it could all be yours.
Business
Don't miss out on the headlines from Business. Followed categories will be added to My News.
A FAMILY that started the Gold Coast Hinterland’s first vineyard and winery is selling up in a move that includes the biggest landholding in Mt Tamborine’s visitor haven, Gallery Walk.
The Mt Tamborine Vineyard and Winery owner, the Hart family, is also selling its 41ha vineyard property at Ballandean, south of Stanthorpe on the Granite Belt.
The 6ha Tamborine property includes a restaurant, shop and wedding venue.
Roger and Ann Hart started a vineyard in Tamborine’s Hartley Rd in 1991, launching cellar door sales four years later.
OTHER NEWS:
Why shark nets have been removed from Coast
State government knows potential second casino sites
Builder’s office deserted as subbies go unpaid
The Hartley Rd property later was sold and the Harts bought the Ballandean land in 1997 and the Tamborine property five years later, moving their cellar door to Gallery Walk.
Mr Hart died in 2003 and daughter Danielle took the helm of the business.
Thomas Clark, of Ray White Commercial, yesterday said the business and the development opportunity the Tamborine land offered were Mr Hart’s passion.
“He wanted to develop the land but never got the chance,’’ he said.
“The family now feels it is time to move on and pass the properties and business to someone who can truly drive them to their full potential.”
SUBSCRIBE TO THE GOLD COAST BULLETIN — JUST $1 FOR THE FIRST 28 DAYS
Mr Clark, who is marketing the Hart holdings with colleague Michael Willems, said the Tamborine property, by virtue of its size and dual zoning, offered a buyer potential upside.
He said a total of 1.2ha fronting Gallery Walk was zoned commercial, with the 4.8ha balance carrying a village residential/farming zoning and access off Huyber Lane.
“With planning approvals, there is potential to subdivide the bigger portion, on which avocados are grown, while retaining what is an outstanding business brand on Gallery Walk.”
The Hart sell-off is via an expressions of interest campaign that closes on February 27.
‘Not viable’: Hundreds of towers going back to the drawing board
Developers will go back to the drawing board on hundreds of Gold Coast towers approved in the past decade – with many expected to get substantially taller. FIND OUT MORE
Veteran restaurateur’s three companies in liquidation
Three companies behind well-known Gold Coast restaurants are in liquidation with hefty debts – but two of the venues have stayed open under the same ownership.