There are seven vineyards currently owned by RFF, with six located in South Australia within the Barossa Valley, Adelaide Hills, and Coonawarra, and one vineyard located in the Grampians, Victoria
All of the vineyards are managed to produce premium quality grapes.
|Vineyard||Planted (ha)||Location||Main variety|
|Mundy||25.7||Adelaide Hills||Pinot Noir|
The vineyards are leased to Treasury Wine Estates (ASX:TWE).
There are a number of water entitlements owned by RFF which provide the vineyards with sufficient water supplies and these are included in the lease to TWE.
Plant and equipment to operate the vineyards is owned and maintained by the vineyards’ contract manager.
^Lease expiries weighted by forecast FY19 rental income