GO.FARM cashes in one of state's biggest vineyard developments

Agricultural investment group GO.FARM has listed one of Tasmania’s largest-scale vineyard enterprises on the market through Colliers.

Tasmanian Premium Land (TPL) is an 825ha portfolio comprising Middle Arm and West Arm, near Beaconsfield, with 224 hectares of recently developed vineyard.

It also includes Burnbrae, a 99ha greenfield development opportunity at White Hills, south of Launceston.

GO.FARM has transformed the high-quality land and water assets into a modern commercial vineyard operation, through strategic investment in land preparation, soil improvement, drainage, irrigation and supporting infrastructure.

The property was featured in Tas Country in April, just before harvesting its first vintage. (Full story here.)

All vines have been established on phylloxera-resistant rootstock, a distinguishing future-proof feature for a vineyard enterprise of this scale. 

Uniform trellising and a mechanisation-ready layout support efficient production, underpinned by 2370 megalitres of water entitlements and approximately 1710 megalitres of on-farm storage.

Pinot Noir and Chardonnay account for 88 per cent of plantings, positioning the enterprise to supply Tasmania's premium sparkling and table wine markets.

Despite broader pricing pressures across the Australian wine industry, Tasmanian winegrapes continue to command a substantial premium, with reported purchases averaging $3870 per tonne in 2026, compared with the national average of $570 per tonne. 

With the vines planted between 2023 and 2025, TPL is entering a period of significant production growth, with annual grape production forecast to reach 3645 tonnes by FY2033 under the vendor's assumptions, including a further 11.7 hectares of potential planting.

GO.FARM managing director Liam Lenaghan said the development reflected the quality of the underlying asset and the work undertaken to realise its potential.

"We saw an opportunity to bring these properties together and develop a modern, highly productive vineyard enterprise in a cool-climate region. Our focus was on assembling the best people and investing in the infrastructure and production systems to deliver it.

"What has been built is a credit to the team. The major establishment work is complete, and we're now positioned to see the benefits of that investment as the vines mature," Mr Lenaghan said.

The sale is expected to be one of the largest vineyard transactions in Tasmania and attract significant market interest.  It follows other high-profile vineyard sales of the last five years, where industry estimates place the vineyard components at around $200,000 per hectare.

Colliers National Director, Transaction Services, Agribusiness at Colliers Tim Altschwager said the large-scale vineyard enterprise with additional development potential made TPL a rare offering in Tasmania.

"TPL brings together a substantial planted vineyard, significant water resources and purpose-built infrastructure in an offering that would be difficult to replicate from the ground up.

"Given the size of the productive footprint, the portfolio is well positioned to become a significant supplier of premium Tasmanian fruit to wine producers seeking reliable, long-term supply," Mr Altschwager said.

TPL is being offered for sale via Expressions of Interest, with Colliers' Tim Altschwager, Duncan McCulloch and Connor Dixon managing the campaign.