Sam Neill Puts Acclaimed Gibbston Vineyard Up For Sale

Credit: Original article can be found here

Renowned Kiwi actor Sam Neill is selling his Gibbston
vineyard as he looks to grow his acclaimed Two Paddocks
winery, presenting an outstanding lifestyle and income
opportunity for a new owner.

Nestled in the heart of
the celebrated Gibbston winegrowing district, The First
Paddock is a certified organic vineyard in a stunning rural
Otago setting, only 25 minutes from Queenstown.

The
8.33ha property boasts 4.6ha of pinot noir vines, plus 3.2ha
of additional land that could be planted or developed to
provide an idyllic Gibbston lifestyle.

The vineyard
was originally planted by the Neill family business in 1993,
becoming the first in the prized Two Paddocks stable. It has
consistently yielded very high-quality grapes, resulting in
many award-winning wines.

Sam Neill, Founder and
Proprietor of Two Paddocks, says he is reluctantly selling
the original vineyard as the business embarks on a new
chapter.

“Two Paddocks is expanding and
diversifying, and rationalising some aspects of what we
do,” says Neill.

“Our Gibbston vineyard has always
proved a prestigious asset for the business, and produced
many award winning-wines. It is just a little far from our
core business near Alexandra and Bannockburn.

“This
beautiful 8ha estate is long-established, the vines are
mature (some are nearly 30 years old) and produces some of
New Zealand’s finest pinot. It also has immense lifestyle
potential, situated close to Queenstown in the spectacular
Gibbston Valley.”

Jacqui Murphy, General Manager of
Two Paddocks, says the vineyard has played an integral role
for the winery.

“Since 1997, The First Paddock has
consistently produced some of the best fruit for Two
Paddocks and the wine has gained international recognition
from preeminent wine publications.

“The wines made
from grapes grown at The First Paddock are among a mere
handful of New Zealand wines to receive 95 Points in Wine
Spectator.

Two Paddocks has exclusively
appointed Colliers to sell The First Paddock on Gibbston
Back Road, Gibbston, by way of deadline private treaty
closing at 2pm on 17 November, unless it is sold
prior.

Ruth Hodges, Director of Rural and Agribusiness
at Colliers, says it is an exceptional opportunity to
acquire a storied property with abundant
potential.

“This is your chance to own a very
special slice of Gibbston, which is home to some of the
region’s oldest vineyards and a lively, vibrant community
that relishes its special character.

“Often known as
the “Valley of the Vines”, Gibbston offers crisp clean
air, hot summer days and a picturesque backdrop of ruggedly
beautiful schist mountains.

“Located off the beaten
track yet highly accessible, Gibbston is a mere 25-minute
drive from Queenstown or 10 minutes from historic Arrowtown.
There’s so much to enjoy including wineries, restaurants,
pubs, boutique accommodation and the famous historic Kawarau
Suspension Bridge.

“This is definitely a place
you’ll want to live, play and work in. The only problem is
that properties in Gibbston so rarely come available –
which makes The First Paddock an opportunity not to
miss.”

Hodges says there is plenty of potential for
a new owner to enjoy income from the vineyard, plus an
idyllic lifestyle.

“There’s ample room to build
your dream home, with space to graze a pony or three, or
develop a multitude of other lifestyle opportunities. Or
think bigger and build a cellar door to complement the other
vineyards and wineries in the area.”

The vineyard
and additional land are on one title, separated by a dry
creek. The additional land is currently used by a neighbour
to grow cereal crops and has two hay sheds.

The
property is within the Gibbston Character Zone, which is
designed to protect what has made the valley a renowned wine
sub-region and desirable place to live.

Prospective
owners are encouraged to seek advice on development options
for the additional land, which could include construction of
a new home, subdivision, grazing animals, expansion of the
vineyard or a combination of these.

Mike Eyles, Rural
Sales Broker at Colliers, says the established vineyard
makes the most of the Gibbston climate, which favours
organic practices with its low humidity and natural soil
health.

“The First Paddock’s vineyard is fully
planted with pinot noir, in evenly-spaced rows of vines
running north to south down a gentle slope.

“The
vineyard has been managed since establishment by Two
Paddocks’ own team, with all grape supply going to the
business. It has been fully organic with BioGro
certification since 2017.

“The oldest vines were
planted in 1993, making them some of the most established
production vines in the region. Some of these vines remain
and are still producing exceptional fruit.

“Since
2008 the vineyard has undergone a staged replanting
programme, with the removal of old own rooted vines and
replacement with new vines on grafted rootstock. Many of the
new vines are clippings from established vines deemed to
produce exceptional fruit, in order to maintain the high
quality and unique flavour profile created by the Two
Paddocks team over almost three decades.

“Due to the
unique climate of the area and position of the property,
portions of the vineyard are dry farmed with limited to no
irrigation, relying solely on the local rainfall. This is
typically done with the oldest vines but is managed
depending on the season.”

Eyles says the vineyard
has been managed to produce the best grapes possible, with
yields sacrificed to maintain quality.

“It is not
uncommon to crop the vineyard back 20 per cent depending on
the season to maintain fruit quality. Yields over the past
five years have averaged 19.1 tonnes, representing an
average of 4.15 tonne per hectare.”

Eyles says the
vineyard currently has no grape supply contracts, with all
fruit being used in-house.

“A passive owner could
explore options for contract management or lease of the
vineyard, presenting an ideal income plus lifestyle
scenario.

“Or an active owner could take full
advantage of the exceptional fruit, producing their own
wines and perhaps establishing a cellar
door.”

Gibbston already boasts numerous cellar doors
that are often frequented by visitors to nearby Queenstown.
These include Mt Rosa, Brennan Wines, Coal Pit Vineyard,
Cargo Brewery at Waitiri Creek, Kinross, Rockburn, Peregrine
Wines, Gibbston Valley and Chard Farm.

The area also
numerous dining options in the area including Gibbston
Tavern, Kinross Restaurant and multiple options at the
Gibbston Valley winery.

Gibbston is well located on
the scenic Queenstown Trail, which draws in thousands of
cyclists and day-walkers every year.

Attractions
include a range of boutique accommodation, the bungy jump
off the Kawarau Swing Bridge, Oxbow adventures, and an array
of hikes around some of the valley’s rugged
peaks.

The well-attended Gibbston summer concert
showcases a range of singers and bands each
year.

 

About Colliers
International:

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