Landmark Shaky Bridge cafe and vineyard for sale in Alexandra

Landmark Shaky Bridge cafe and vineyard for sale in Alexandra  hero

A landmark Central Otago vineyard and cafe, nestled below Alexandra’s famous hillside clock and overlooking the iconic Shaky Bridge, is being offered to the market for the first time in 20 years.

Situated a short distance from Alexandra town centre and the Central Otago Rail Trail, 65 Graveyard Gully Road boasts an award-winning vineyard and a fully consented hospitality venue.

The 1.96ha site is home to 1.1ha of pinot noir vines and two charming heritage buildings that have been converted into a cafe and wine tasting room, with indoor and outdoor dining options.

Colliers International is marketing the property for sale by deadline private treaty closing at 4pm on Friday 21 August, unless it is sold earlier.

Ruth Hodges, National Co-Director of Rural and Agribusiness at Colliers, says it offers abundant possibilities.

“The property is ideally suited to a hands-on owner seeking to run their own cellar door, restaurant and cafe, small vineyard or wedding venue business.

“A lifestyle buyer could transform the property into a stunning homestead, close to central Alexandra, with the added benefit of income from the vineyard.

“Or a new owner could simply land bank for the future while gaining passive income from the cafe and vineyard on a lease basis.

“With so much potential, this is a superb opportunity to secure an iconic slice of Central Otago history that is truly one of a kind.”

Located on the outskirts of Alexandra, a short 10-minute walk to the town centre, the property sits on a northwest-facing site that slopes gently toward the Manuherikia River and the historic Shaky Bridge.

Rural Sales Broker Mike Eyles of Colliers says the property’s location had made it a local landmark.

“The heart of the property is an historic cottage from the late 1800s, constructed of stone brick and cement plaster with hardwood floors.

“The cottage has been converted into a commercial hospitality venue with a bar, dining area and commercial kitchen.

“Glazed doors open up to a stone patio dining area and large front lawn, suitable for marquees to add extra capacity, with views over Shaky Bridge and the river.

“The cottage has been expanded over the years to 101sq m in size, including toilet facilities and an extended kitchen. These works all comply with Historic Places Trust requirements.

“The venue is currently untenanted, providing options to secure a new hospitality tenant for passive income, or generate revenue as an owner-operator.”

Eyles says the property is also home to an historic shed that was originally used a horse stable for travelling miners during the gold rush.

“Constructed of wood with long run iron, the 60sq m building is divided into separate bays, with vineyard irrigation storage at the northern end and a wine tasting room at the southern end.

“Each bay has the potential to be converted into accommodation or additional hospitality space if desired.”

A 24sq m relocatable building, currently used as an office, is also located at the rear of the cottage.

Off-street parking is provided at the font of the property, with an accessway leading to the cafe and additional staff parking at the rear.

Hodges says the remainder of the site comprises a 1.1ha vineyard with 2,933 pinot noir vines planted in 2000.

“The location, slope and aspect of the site lend a unique profile to the fruit, with excellent summer sunlight exposure and no need for frost protection.

“The soils are ideal for producing quality grapes at high yields of between 5.8 to 8.3 tonnes per annum.

“The grapes are supplied to the current owner’s own label. With the average pinot noir price at $3,900 per tonne, a new owner could either generate income from grape sales or lease out the vineyard.”

Hodges says the property could stand to benefit greatly from a planned new international airport at Tarras, a 40-minute drive away.

“Alexandra is already a popular tourist destination for cyclists on the Central Otago Rail Trail and wine enthusiasts visiting the region’s vineyards and cellar doors.

“Many of these visitors flock to the Shaky Bridge, which was built in 1879 to provide a link between Alexandra and the rural land to the east of the Manuherikia and Clutha Rivers.

“Held aloft by cables suspended between two stone towers, the bridge gets its name from the way it shakes underfoot.

“Shaky Bridge is also the gateway to the famous Alexandra Clock, which was installed on the rocky hillside in 1968.

“A trail leading up to the 11m wide clock – the largest of the kind in New Zealand – offers spectacular views over Alexandra below.”

Alexandra’s town centre boasts a full range of services. Cromwell is located 33km away while Queenstown International Airport is 88km from the property.


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Ruth Hodges

National Co-Director

Queenstown

Ruth commenced her career in rural real estate in August 2009 before establishing the first Colliers International Rural and Agribusiness franchise in New Zealand with Shane O’Brien in September 2014. Ruth has been integral in setting up the new Rural and Agribusiness systems for Colliers International and has recently stepped in to lead the growth of this business in Otago and Southland. The Otago Southland Rural and Agribusiness team also partners with companies that have strongly established regional connections - Compass Agribusiness and Colliers Queenstown (Otago Realty Limited).

Growing up on a large scale high country farm in Central Otago set the foundation for Ruth’s desire to be involved in the rural industry throughout her working life. After achieving a first class honours degree from Otago University, Ruth commenced her career in rural finance that spanned nine years with the National Bank. Not content to sit still for long, she joined the progressive new dairy company Synlait as their Business Development Manager focusing on growing their farming assets via key acquisitions around the Canterbury region. Ruth has also been involved in the rural building industry with her husband Nigel, and the experience of the incredible highs and lows that this industry encountered over the past 12 years has honed her management and problem solving skills to the highest level.

As a rural real estate professional, Ruth's business is about people and their farming businesses - and focussing on this instead of just the physical assets is key to how she achieves positive outcomes regardless of market conditions. Her underlying principles of trust and integrity ensures she continue to form long lasting, genuine relationships and apply an open, honest approach to all situations. Furthermore, Ruth's comprehensive understanding of an often complex and evolving rural market together with her ever-present proactive attitude allows her to provide solutions that go beyond the traditional real estate model.

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Mike Eyles

Rural Sales

Queenstown

Mike is a Central Otago local with 10 years sales experience across a number of different industries. A University of Otago graduate with a Bachelor in Consumer and Applied Science Degree (BCapSC), Mike spent three and a half years working for Lion Breweries in Central Otago where he made sure the area was well watered with Speights but also gained his love and knowledge of the NZ wine industry.

Growing up in Central Otago, Mike has spent time on and off farms in Otago and Southland. His family has a shareholding in a 300ha Sheep and Deer farm in Five Rivers where he spends time helping out when he can.

Mike works closely with key business partners across the agribusiness, viticulture and horticulture space and is passionate about building relationships and knowledge in these areas. He is excited to be working alongside experienced rural consultant Ruth Hodges and is backed by a strong local and global brand in Colliers International.

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