Vineyard on the Yarra River listed with $13 million hopes

An inner city vineyard on the Yarra River near Melbourne has been listed for November 1 auction with $12 million to $13 million hopes through Scott Patterson at Kay & Burton.

The Hawthorn vineyard, just four kilometres from Melbourne, is the home of Coppin Grove Wines, a boutique family vineyard established in 1998, comprising approximately 1000 Pinot Noir, Chardonnay and Nebbiolo vines.

The vineyard's signature wine is the Coppin Grove Sparkling. 

It has been the work of Michael Cohn, who runs his own business importing and distributing textiles in Australia, and his wife Ann. 

They paid $1,404,000 for the 8,200 sqm double block in 1996.

This article appeared in The Weekend Australian.