Aerial view of the estate Aerial view of the estate

Marsden Estate up for grabs

Northland’s Marsden Estate – one of the country’s northern-most vineyard/wineries and its associated restaurant and function venue – has been put on the market.

The estate is located 4km from Kerikeri and is one of the region’s largest licensed function venues, with more than 85% of its production sold either on-premise or through its cellar door retail outlet.

The winery was established by husband and wife duo Rod and Cindy MacIvor, who opened the venue’s restaurant in 1996 before branching the beverage operations out into catering for on-site functions and events.

Marsden Estate’s tasting facility and restaurant/function room with al-fresco courtyard are housed in a 170 square metre building capable of seating up to 150 guests supported by a full commercial-grade kitchen. The restaurant is open daily for lunch service only. Most functions are served during the evenings and on weekends.

The land, buildings, business and brand are being jointly marketed for sale for $4.25million through Bayleys Whangarei and Bayleys Auckland.

‘Marsden Estate is one of Northland’s premier function venues – being centrally located in the middle of the province, and well supported in commercial accommodation options by Kerikeri township just a short distance away,’ says Northland business sales consultant Vinni Bhula.

‘The business benefits from being vertically integrated – with virtually all of its wine sold either through its restaurant function operations, or the associated tasting room.

‘Meanwhile, the restaurant and function venue enjoy majestic views over a landscaped lake with vines running down to the water’s edge – sustaining the whole winery experience and ambience for diners and guests. The surrounding mature hedging enables functions on-site to be totally private from the surrounding citrus and kiwifruit producing orchards,” says Bhula.

Bayleys Auckland salesperson John Greenwood says the property also comes with a 192 square metre three-bedroom/two bathroom owner/manager’s residence overlooking the vineyard plantings.

‘There are two obvious growth potentials for the business –purchasing neighbouring landholdings and expanding the viticultural activities, and opening up the restaurant for evening service when functions aren’t booked.’