{"id":500335,"date":"2026-06-29T01:05:11","date_gmt":"2026-06-29T01:05:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/500335\/"},"modified":"2026-06-29T01:05:11","modified_gmt":"2026-06-29T01:05:11","slug":"te-awanga-estate-vineyard-and-restaurant-bought-after-liquidation","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/500335\/","title":{"rendered":"Te Awanga Estate Vineyard and restaurant bought after liquidation"},"content":{"rendered":"<p class=\"NQVPqQgxO\" style=\"display:none\">At the time of the liquidation announcement, Nacey said the liquidators were looking to dispose of about 20,000 cases of wine and 400,000 litres of bulk wine owned by the four entities within the group.<\/p>\n<p class=\"NQVPqQgxO\" style=\"display:none\">Nacey, now senior managing director at Teneo, said this week there were some fixed assets that liquidators still needed to realise.<\/p>\n<p class=\"NQVPqQgxO\" style=\"display:none\">They would also carry out an investigation into the affairs of the company prior to liquidation.<\/p>\n<p class=\"NQVPqQgxO\" style=\"display:none\">He said the majority of the companies\u2019 wine stock had been sold off, but there was still some bulk wine which liquidators were still working to realise.<\/p>\n<p class=\"NQVPqQgxO\" style=\"display:none\">More information would be provided in the next liquidators\u2019 report, expected to be filed in mid-August, he said.<\/p>\n<p><img  alt=\"Te Awanga Estate cellar door and vineyard has been sold after over two years on the market. Photo \/ Jack Riddell\" class=\"article-media__image responsively-lazy\" data-test-ui=\"article-media__image\"\/>Te Awanga Estate cellar door and vineyard has been sold after over two years on the market. Photo \/ Jack Riddell<\/p>\n<p class=\"NQVPqQgxO\" style=\"display:none\">He said liquidators worked with the real estate agent to market the property and agree a sale of the vineyard, with the sale currently unconditional.<\/p>\n<p class=\"NQVPqQgxO\" style=\"display:none\">\u201cThe property has a mortgage, and there remains a shortfall to the secured lender once the proceeds from the sale are taken into account,\u201d Nacey said.<\/p>\n<p class=\"NQVPqQgxO\" style=\"display:none\">The new owners, who were described as Kiwis by real estate agent Tim Wynne-Lewis, said they wanted to keep out of the limelight \u2013 for now.<\/p>\n<p class=\"NQVPqQgxO\" style=\"display:none\">\u201cWe still have a lot of items to finalise on the operations front,\u201d the new owners said in a statement.<\/p>\n<p class=\"NQVPqQgxO\" style=\"display:none\">Jack Riddell is a multimedia journalist with Hawke\u2019s Bay Today and has worked in radio and media in the UK, Germany, and New Zealand.<\/p>\n","protected":false},"excerpt":{"rendered":"At the time of the liquidation announcement, Nacey said the liquidators were looking to dispose of about 20,000&hellip;\n","protected":false},"author":2,"featured_media":500336,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[74,95,147580,1558,3241,138,102592,9191,6259,638,1976,2739,225,111,139,69,1523,2539,3243,8690,1361,223209,21538,1530],"class_list":["post-500335","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-after","tag-and","tag-awanga","tag-been","tag-bought","tag-business","tag-cellar","tag-coastal","tag-door","tag-estate","tag-hawkes","tag-liquidation","tag-market","tag-new-zealand","tag-newzealand","tag-nz","tag-over","tag-restaurant","tag-snapped","tag-te","tag-that","tag-twoandahalf","tag-vineyard","tag-years"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/500335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=500335"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/500335\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/500336"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=500335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=500335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=500335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}