Commercial enterprises on offer

Ascension Wine Estate

Marketing of the Waiwera pools complex closed on June 10 with agents Colliers confirming they had received expressions of interest.

However, they said they were not in a position to release any further information at this stage.

The 4.5 hectare site is made up of three freehold development parcels, which Colliers said had the potential for a diverse range of uses and commercial activities including residential development, health and wellness, retirement, tourism, hospitality and visitor accommodation.

When the property was advertised in April, the owners said they were also open to a partnership arrangement to turn the abandoned site into a wellness centre.

Meanwhile, Ascension Wine Estate on Matakana Road remains unsold after four months on the market.
Ray White agent Annie Mellor says that while there has been interest, including one enquiry from Hong Kong, they have yet to find a buyer.

“We’re very keen to see it sold and functioning again,” Mellor says. “Buyers have options – the 7.5ha property has two titles and can be purchased as one lot or separately.”

Lot 1 is 6.2ha and includes the wine estate and vineyard. Lot 2 is 1.33ha and has resource consent for 11 resort villas and a reception/manager’s accommodation.

Mellor says local enquiries had come from people who had been in the hospitality industry.

“It’s a sector that has been hard hit by the pandemic, but the people who have enquired can see the potential of the site and its future.”

The winery includes wine processing, fermentation, an underground cellar, and bottling and labelling plant, and produces about 25,000 bottles a year.