Krinklewood Biodynamic Vineyard finally sold
Krinklewood Biodynamic Vineyard, a boutique winery in the Hunter Valley, has sold for $4.85 million having been listed almost three years ago.
It sold with stock for $5.5 million to a city-based buyer.
It was offered for sale by winemaker Rod Windrim and his family.
The 57-hectare property near Pokolbin sold for significantly less than its 2017 asking price of $10 million.
The property included a three-bedroom colonial homestead and a 19 hectare vineyard, and was listed by the Windrim family who have farmed the Broke Fordwich area for 20 years.
For over ten years, the vineyard has been certified biodynamic organic, following the family’s implementation of biodynamic practices since 2002.
Set on the banks of the Wollombi Brook, the French inspired boutique offers a tennis court, pool, pizza cabana and parterre garden.
The cellar door and winery is set among Provencal gardens, urns, fountains and is surrounded by animal life, olive trees and the Brokenback ranges.
The property included Chateau Tracteur, the managers accommodation, and temporary workers accommodation.
Over the past 10 years Rod, and more recently his son Pete, have been frequent educators within Australia in biodynamic viticulture and winemaking.
The Krinklewood Wine Club has been going for 16 years, boasts more than 1800 members, and is responsible for 58 percent of the vineyard’s sales.
The rest is made up of NSW & VIC distribution (15%); cellar door and online (20%) and direct wholesale (7%).