Riversands Vineyards: St George wine and tourism business on the market

May 2 2022 - 9:00pm
Riversands Vineyards, a highly developed St George wine and tourism business, has been listed for sale through LAWD on a walk in, walk out basis.

A RARE opportunity has emerged to secure a highly developed wine and tourism business in south west Queensland's fast growing tourism region.

Set on 22 hectares (54 acres) 2km from St George, Riversands Vineyards is located in a region with an ideal temperate growing climate, and has a secure water supply and quality operational infrastructure.

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Price expectations have the property at in excess of $3.5 million, depending on the amount of wine stocks.

The development program carried out during the past 26 years has significantly increased productivity and helped to drought-proof the vineyard.

Riversands Vineyards has some 25,000 vines planted over almost 19 hectares of deep sandy loam soils.

Riversands has an extensive irrigation network supported by a 226 megalitre water licence from the Beardmore Dam. The business also comes with highly experienced staff and a proven management structure.

The vineyard has some 25,000 vines planted over almost 19ha of deep sandy loam soils.

In 2022 the vineyard produced a record harvest of white muscat, chardonnay, sauvignon blanc, vermentino, merlot, shiraz, saperavi, ruby cabernet and black muscat wine grapes.

The established markets for Riversands wine are complemented by the sale of table grapes. The successful cellar door and outdoor café also have further growth potential.

Riversands wine is sold through multiple marketing channels including its own cellar door, more than 50 retail outlets, at 30 shows and festivals, and direct-to-customer online sales.

Owner David Blacket said golden liqueur muscat was Riversands's most popular drop.

A record 13,000 people visited the Riversands in 2021, powered predominantly by active retiree travellers and bus tours.

"We cater for both the drive market and family adventure tourism along with coach tours and regularly host events, parties and weddings that appeal to families and regional tourists," Mr Blacket said.

Riversands Vineyards has an extensive irrigation network supported by a 226 megalitre water licence from the Beardmore Dam.

Balonne Shire Mayor Samantha O'Toole said the growth in visitor numbers was the result of a maturing outback tourism market, with Riversands Vineyards among a growing list of high-quality attractions in the south west.

"Outback regions have been working very hard over a number of years to build attractions that appeal to the domestic market so there is now much for tourists to do and experience when they head west," Cr OToole said.

"There are a number of big-ticket items council is working on to provide attractions to be launched, and I see further opportunities for agritourism and our growing events to draw more people to the Balonne Shire.

"I don't believe we have reached our potential in terms of tourism."

Contact Simon Cudmore, 0433 160 413, or Josh Ledingham, 0457 099 445, LAWD.

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