Under instructions from John Hart of Ferrier Hodgson as Agent for the mortgagee in possession and as Receivers and Managers of Lake Downs Pty Ltd.

Lake Downs vineyard is a large commercial vineyard situated in one of Australia’s most reliable and efficient wine grape growing regions.

Lake Downs vineyard is characteristic of the large commercial operations in the region. The assets are briefly described below.

• Total land area of approximately 141.4 hectares on four certificates of title.
• Planted to approximately 119.6 hectares of predominantly red varieties with smaller parcels of Chardonnay and Semillon.
• Substantial water entitlements are included in the sale:
• Underground water licence
• River Murray licence
• Creek Pipeline Company Ltd shares.
• Valuable irrigation infrastructure, including a 42 megalitre storage dam, and pumping shed.
• An attractive stone residence and two plant and equipment sheds.
• Moveable vineyard plant and equipment by negotiation.

Langhorne Creek is only an hour’s drive from Adelaide. First planted around 1860 by the Pots family (Bleasdale Winery) it is the third largest producing region in SA, supplying all major wine companies, and consistently producing high quality fruit.
Langhorne Creek fruit is the cornerstone of many famous blends. Wolf Blass famously won Jimmy Watson trophies using Langhorne Creek fruit. It is home to several important boutique wineries.

For sale by Expression of Interest closing Wednesday 22nd June 2011.

Further details: Tim Altschwager 0408 814 6... or Nick Dean 0411 267 1....