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Waiheke family selling up multi-million-dollar winery after tough times

Summary by Ground News

The Tantalus estate is located on a strip in the Onetangi Valley, known as the miracle mile. The rateable value is about $9 million, but the expectation is it will fetch a price in the tens of millions. The namesake of the estate is the family's collection of tantalus lock boxes, thought to be the largest in New Zealand.

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Waiheke family selling up multi-million-dollar winery after tough times

“In winemaking, if you want to make a small fortune, you had better start with a large fortune."

1 year ago·New Zealand

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Stuff broke the news in New Zealand 1 year ago on Thursday, November 30, 2023.

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