Lake George Winery features 300 acres and RU1 zoning for sale with a reserve of $4.97m and has a DA approved for events up to 10,000 people. For sale through Frank Walmsley from Auction Advantage.
One of the capital region’s most loved winery venues has hit the market with a price tag that presents enormous value.
Listing agent Frank Walmsley from Auction Advantage said the well-known property presents an exceptional lifestyle and business opportunity.
“Lake George Winery has rarely been offered for sale over its 50-year history, and in 2023 the current owner is ready to exit following a change in family circumstances and are seeking a new owner who will love this regional icon as much as they have done,” he said.
“Lake George Winery is a highly regarded winery, cellar door, wedding and accommodation venue just 30 minutes from the nation’s capital, Canberra, on the cool-climate wine trail.”
"From Sydney Harbour Bridge to the front door, the only red you'll see on the way to the Lake George Winery is an award-winning shiraz. Yes, not a single traffic light," he said.
Lake George Winery features 20 acres under vine, several fruit trees, a renowned restaurant and cellar door, working winery, accommodation, event space frequented for weddings and celebrations, and a four-bedroom main residence.
Up to 120 restaurant guests can enjoy a meal prepared in the fully-equipped kitchen from the dining room, which features rustic polished floorboards, an open fireplace and large windows overlooking the vineyard. Downstairs from the dining room is the wine cellar and museum, a more intimate space with a rock wall and subtle lighting which can seat another 50 diners.
Established in the vineyards are 11 different varieties. Lake George wines have won several accolades over the years, including TOPGOLD for its Chardonnay at Canberra Region Wine Show and a 4.5-star venue rating by wine reviewer James Halliday.
“Lake George Winery, a dry-grown site on what was once the Westering vineyard, celebrated its 50th vintage in 2023. There’s a sense of rejuvenation and renewal thanks to the dedication of owner Sarah McDougall,” Mr Halliday said.
“In 2018, she and her late husband Anthony took ownership and set about improving the growing practices, eschewing herbicides and embracing sustainability.”
Since then, Sarah has ensured Lake George Winery is ripe to be cared for by future generations.
Lake George Winery will be offered for auction on-site on Friday, July 23, 2023. Interested parties are invited to contact Frank Walmsley from Auction Advantage.
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