SYDNEY-based developer Romeciti will transform the Hunter Valley’s Kevin Sobels Winery into a high-end resort.
Having just paid $7.3 million for the 22-hectare property, it plans on spending $15 million to develop an accommodation aspect on the site, with works expected to begin early next year.
The Sobels family will continue operating the winery asis.
Romeciti’s acquisition is part of its program of purchasing green properties that will offer attractive lifestyle components for its residents.
Australian Property Journal